@Colleen F.The problem is that it is difficult to define what is necessary when you run into this kind of situation.

It does not really define the scope of work, does it?

I defy anyone to define what affordable means in Avon where apartments can run $2000 a month or more.

Section 61-2c-102 broadly defines "Business of residential mortgage loans" as follows:(g) (i) "Business of residential mortgage loans" means for compensation or in the expectation of compensation to: (A) engage in an act that makes an individual a mortgage loan originator; (B) make or originate a residential mortgage loan; (C) directly or indirectly solicit a residential mortgage loan for another; (D) unless excluded under Subsection (1)(g)(ii), render services related to the origination of a residential mortgage loan including: (I) preparing a loan package; (II) communicating with the borrower or lender; or (III) advising on a loan term; or (E) engage in loan modification assistance.

Quote from @Dennis Morrissey: Understanding the Key Differences Between Private and Hard Money: Pros, Cons, and When to Use Each How do you define them differently?

But if your agreement defines "income" from the guest as any monies received by the guest, including fees, cost reimbursement, etc., then that's what you have.

." - The Psychology of Money by Morgan Housel In real estate, it's not the smooth sailing that defines us, but how we navigate the storms.

This is defined by the use of the money, not your borrower’s profession, or who lives in the property.

You need to define your parameters and identify the types of properties that meet your needs both for living and for an investment.   

Related parties are defined as family members or entities in which you have more than 50% control.