Not to hijack the thread, but Brian Burke can you post a link to an in-depth explanation of your last paragraph pertaining to the SEC regulations?

That is true is all the states I work in.As stated just never seen a Title Co or Closing attorney verify these facts or even know the laws pertaining to licensure issues.

For those who want to learn more read Chapter 82.70 (compensation in real estate)" This section pertains to licensed real estate brokers/salespeople.

I'm not sure how that pertains to landlord / tenant law, but just an observation from the replies I've read. 

I certainly hope that last bit doesn't pertain to your case!  

Once upon a time, @Bob Bowling gave me the most useful analogy I've ever heard pertaining to Cap Rate:There was an old gameshow called 'Name That Tune' that had a 'Bid-A-Note' game, where the contestants were read a clue to a song, and then had to make a 'bid' of how many notes they needed to identify the song.

And many of those laws pertain to us as investors.

However, that does NOT pertain to an individual who sets a borrower up to fail, doing the fund, rinse and repeat type deal, this is still predatory lending and a different issue all together.Besides the webcast stuff put out by the CFPB, this is the best one I have seen to date!

If anyone has the specific law reference pertaining to this state and city, I would like to see it.What I do know is that if you harassed the police like that here in Ohio, you would definitely be arrested for disorderly conduct or something similar.

I'd also appreciate it if you would no longer post anything that does not pertain to the subject being discussed.