So, you really need to do your due diligence in finding a mortgage broker/RMLO.Get references, then see if those references have any relationship with the LO,Look to their last state audit and compliance exam, if they never had a compliance exam, move on.Do they have the net worth to buy, at par, any loan they do that is non-compliant?

Check with your local bank lender to see if they are compliant and or if that complex is finance-able (sp).

This is what we do deliver:- tax return that is compliant with the IRS requirements- tax return that includes all your income and all your legitimate expenses- tax return that presents your business in the most beneficial way- tax return that minimizes your IRS audit exposure (FYI: nobody can make a tax return completely "audit-proof")And, if your taxes are lower as a result, it's the icing on the cake.

here is the scenario, my friend is foreigner who not live in US, he wants to buy the rental property, I will help him to management it, he can give me the power atterney to handle all rental related issue, I have no license yet, is that compliant with CA laws?

you will get a lot of naysayer's on here, but i haven't had any issues and I know several others who have been extremely successful at it.I don't know your experience level but if you have not done one before I get some legal advice so you can make sure you stay compliant.

You don't even know if the property is compliant with building codes and zoning so that's another run, don't walk.Sounds to me like this seller who is dreaming up ways for him to get his hands on cash is the wolf and you're the lamb. 

It is entirely possible that the notice was non-compliant which puts your ability to correct in jeopardy…https://www.seattle.gov/rentin...https://www.seattle.gov/rentin...

It will take some time for the counties to set up  the auctions online, and to determine how to handle the process to be compliant with the Texas tax code 34.015.

There are new regulations headed our way too, you'll need to know your broker is compliant. :)

Any property that is compliant isn't a slum, it's the function, not so much the appearance or style.......but appearance is important, in any area!