I'm excited to see growth :)  For sure.

If Cambridge can pass this, I'd hope and expect that other Boston-area cities use them as an example and start to adopt similar changes.I take exception to this statement.

Many see these as red flags, assuming they will slow down the deal, increase costs, or cause endless headaches.

I don't see why you wouldn't be able to do this.

My intent is to get in and work with the property owner and see if they are interested in selling instead of losing the property as well as their credit being wrecked.I'd recommend establishing good relationships with prospective sellers.

For example, NC doesn't allow a double closing UNLESS you bring your own funds or use transactional funding and they DO NOT allow "pass through funding" which means using your end buyers funds to be used for your initial closing.I think you would be amazed at how many states now OR should I say title companies will not allow pass through closings.. its not the state its the title company that has their rules and regulations that you need to follow.   

For example, in California, if you found out about the unpermitted bathroom and the Seller had knowledge of that fact, then you might have grounds.

For example, if you were a CPA for a law firm, and then went on from there to open an accounting firm on your own, SOME lenders might be willing to look at this as a 2 year history, even though you're only 1 year into the self-employment piece. 

You can always pay down more principle on a 30 year every month, but you certainly can't pay less a month on a 15 year :-DI see 

I see these "guru's" saying they don't pay any taxes or little to none.