You will need to evaluate the current tenant's personality; is he the type to comply with a written contract (lease) or is he a hostile who can get verbally or even pysically abusive?

Of course that "Safe Harbor" is reg D and will cost thousands of dollars to comply

You must comply with fair housing in all cases.

So id I read this right, depending on the state, you are able to comply with the law/SAFE Act up to a certain number without having a mortgage license?

The process must be documented and there is a penalty for failure to comply with this regulation.

It's in our lease that tenants will comply with all HOA rules and are responsible for fines and appearing at any hearings for HOA notices issued on their property, but our property manager attends, too, to verify their compliance.

Personally, I would not feel comfortable ruining someone because they don't fully comply with a law that I'm not a fan of to begin with.

Or, even implications that not complying with real estate finance laws is similar to a speeding ticket, fines can be 100K and/or 10 years, administratively they can put you out of business without ever taking you to court.If people want to get what they want to hear in public forums, take advice from college drop outs, marketing guys in areas of finance and RE law, well, it's a free country.If I ever made a podcast, it would be moving at a much faster pace, there would be no chatting, joking, time killing antics, I just have time for such things.

Rules and Regulations (I suppose) I think you can accomplish your goal while complying with residency requirements.

Make her a partner in the equity arrangement and you won't have a lending situation usually and the need to comply with lending issues.