@Nash Mittelman, Oakland is actually one of the city's with it's own pre-approved plan sets that @Paul Dario Jr mentioned but its is a 25'x25' box so won't work on every site.The other alternate is doing a prefab, there's quite a few companies doing that now since the 2020 legislation passed.

Real Estate professionals In the UAE, particularly in Dubai have praised the legislative procedures adopted by the government to regulate the real estate sector and impose tools that safeguard the interests of not only property developers but also investors.

Also a dwelling two or more stories in height, occupied by one or two families and with five or more transient boarders, roomers or lodgers residing with any one family.https://www.nysenate.gov/legislation/laws/MRE/4

Using a licensed professional to originate the loan SHOULD result in a fully compliant loan; but primarily do to the complexity of the legislation, the changing of the agency regulations, and legal interpretations of law, it may not.

The variables that go into the real estate market are so vast (again interest rates, legislation, jobs, economy) that the game is changing and at times, we (you/me...) don't even know something is happening that will eventually trickle down to the real estate market.

But they've got the right idea, fighting against legislation stacked against investors.

Congress legislated exceptions that permitted transfers to a living trust, but transfer to an entity is not one of the exceptions.The lender's view is that the original loan was a consumer mortgage loan given to an individual.

Marty Boardman – (Rehabbing)Jeff Brown – (Investing for retirement)Chris Clothier – (Buy & Hold, Management, Starting out)John Fedro – (Mobile Homes)Peter Giardini – (Rehabbing / Landlording)Jon Holdman – (Deal Analysis)Kevin Kaczmarek – (Note Investing / IRA Investing)Bruce Norris – (Hard Money / Legislation affecting investors)Joey Ragona – (Business of investing / JV investing)More to come soon . . .

In the past year they have added some real teeth to the legislation and real complication to the regulation.Mold related illnesses are also in the sights of attorneys.

I do see why they don't as it may impede lenders with more compliance which is probably seen as unnecessary.Overall, there are aspects of the Act that I see as necessary, but I don't see it as good legislation.