"In addition to establishing HUD's responsibilities under the SAFE Act, through this rule, HUD proposes to clarify or interpret certain statutory provisions that pertain to the scope of the SAFE Act licensing requirements, and other requirements that pertain to the implementation, oversight, and enforcement responsibilities of the States.

So, sellers can also be asked to sign notarized affidavits personally guaranteeing the validity of leases and ledgers.So now, let’s get to the clause to include on your purchase agreement to make sure you get all this information in enough time to review it.Seller(s) agrees to provide the following to the buyer within X days of buyer’s satisfactory inspection, but in any case at least X days before closing: All rental leases, rent ledgers, tenant(s) valid phone numbers and email addresses, rental applications & supporting tenant identification, income and asset information, any documents corresponding to any ongoing legal actions pertaining to the property, leases, service contracts, etc., at least three (3) months of the most recent bank statements for any account(s) rental funds were paid into and any company or corporate tax returns for proof of income and expenses.

Written by attorney investors, it's full of practical advice pertaining to management of investment property, has sample forms that can be edited, and - most importantly - they tell you what your primary state laws are and where you can read them.

All of my financial transactions pertaining to the property including paying my mortgage is now done with my LLC bank account.

Economies of Scale pertain.

In regards to the E&O insurance, that only pertains to transactions performed within a Realtor capacity, correct?

Yah... this was pertaining to duplexs ...

All of this pertains to working with the homeowner.When I deal with the lender, part of my short sale package is a cover sheet that states my conditions if the short sale is approved.

The CBA statutes are found in various federal and state laws, pertaining to contolling business arrangements.

Join some local real estate groups to become familiar with issues that pertain to your area.