Many states have passed statutes that make such "unfair", "shady", or "deceptive" practices illegal, and an individual can be sued for each violation of such act, regardless of whether the friend intends to follow through.

See NC General Statute 28A-17-9.

Consult an attorney- but if you move into one of the units (2-3 family house) you will be able to avail yourself of more options then would be otherwise available to a landlord under NJ anti-eviction statute.

Anytime you have to worry about getting in trouble, you ARE doing something wrong:)  I have some of these idiots emailing me, arguing, etc...because they HATE the fact that I am providing FACTS---Florida statutes...which proves they are the FRAUDS AND SCAMMERS I have alleged they are. 

@Joe Dvorak, The way that statute reads is "any real estate purchased with the intent of holding for productive use in trade business or for investment". 

The IRS allows that as well.It's hard to call it a loophole when it's been a statute for over 100 years. 

Several other states that adopted the UCA in the 1980’s omitted the super-priority provisions from their final statutes.3 HPRA states with priority include: Hawaii and Massachusetts4 Other jurisdictions with priority include: District of Columbia, Florida, Illinois, Maryland, New Hampshire, New Jersey and Oregon.5 State statutes that clearly include attorney’s fees within the priority lien include: Colorado, Connecticut, Massachusetts, Nevada, New Hampshire and Rhode Island.

I'm looking towards the shared office company Regus to have my company's office to satisfy this "vague" Florida Statute for a brokerage:475.22 Broker to maintain office and sign at entrance of office; registered office outside state; broker required to cooperate in investigation.—(1) Each active broker shall maintain an office, which shall consist of at least one enclosed room in a building of stationary construction.

In the meantime here is a good review on some of the landlord/tenant statutes for your state:https://www.landlordology.com/california-landlord-...Gail

@Greg H.Those are good statutes.