Sending bulk texts has been interpreted by the courts as being the same as auto dialing.

Your other option is to try to buy in the bubble and pay twice top dollar.Some may read my comments and interpret them as negative...

Linked below is an article that details the meaning and interpretation of the current ordinances.

Hey BP community,Anyone out there know per California building code of the term “individual dwelling unit” essentially means a house? Or is it like a bedroom? This is in context of a smoke alarm interconnection for R-...

For one person speaking in their normal voice tone would be interpreted by someone else as raising their voice. 

From my interpretation it says that any additional funds made beyond the fixed interest rate (which must still be less than the 10% usury limit) that are tied to the appreciation (or profit) from the sale of the property are not counted as additional interest for the purpose of the usury law.

Now my dealings with regulators are far more complex and had to do with securities and my attorney gave me some bum advice.. and they are a top law firm.. attorney had his position the state had theirs.. and it was off to administrative law judge if we wanted to change the states interpretations ..

@Doug Smith  also brings up a very good point as the larger custodians really do not offer self direction in the context of what we interpret and understand it to mean (being able to invest in real estate, private money lending, etc).

@Matt Ward I interpreted that as 4plex or lower, not max 4 units in portfolio.

I have been trying to use the BiggerPockets rental  property calculator and interpret the graph.