Look as SB13 for the protections provided for illegal units (search for either "5" or "Five").BTW I recently got tagged for various minor alleged unpermitted work. 

Thanks @Cameron Ysidron, I did see a couple of homes in Louisiana (which happens to have awesome film tax rebates). 

Thanks for the responses Joshua and Cameron!

I guess I got caught up in the alleged cash flow.  

Consumers have three years (rather than the normal one year TILA statute of limitations) to bring suits alleging violations of these rules and violations may always be raised by consumers as a defense in foreclosure proceedings.

If they exceeded the days/date in the financing addendum (not the option period) then they would be in default, assuming they can't make a case for the property condition allegation.

Nobody just gives away an alleged 9 or 10 cap...there's going to be some hair on that deal that you're not seeing.  

Thanks @Ryan Cameron

Cameron.  

The rest is just allegations from tenants and people from the community, etc.