I am too lazy to look it up, but pretty sure it is legal.

You and your legal, tax and financial advisors should review this transaction in greater detail, especially the PLRs, to ensure you understand the significant risks involved and are structuring the transaction as close as possible to the PLRs to mitigate some of the risks.

I'm starting my first deal and got on the call with the agent and ended it with a deal with me making almost 5k but after this idk what to do, we haven't signed a contract or anything but getting to and and I just need someone to be by my side for this, I'll throw you some of what im making somehow but I just really Need help

All buyers and sellers of rental real estate should require Tenant Estoppel Letters in their contracts.

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

I've always been able to find my STR clients investments that are legal and whose numbers works. 

I am under contract to purchase a Quadplex.

I found out later that my contract could have been better.

I have been renting out the first home to a family member under no official contract, but i want to establish it as an investment property.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.