If you have permission to advertise -- without a listing agreement -- you are not in agency as a listing broker, and therefore you don't have any fiduciary responsibility towards the seller.At least that's how our broker interprets laws in our state...

Most importantly you need to be able to interpret the information you receive.

Just saying, how you read it may not be how it may be interpreted

A lessee, his personal representatives, devisees or assigns, may have against an heir, devisee, grantee or alienee of the reversion, or of any part thereof, or of any estate therein, his heirs, devisees, or assigns, the like benefit of any condition, covenant, or promise in the lease, as he could have had against the lessors themselves; except the benefit of any warranty, in deed or law.I interpret these two sections to say that leases convey with the property and the obligations of the landlord and the tenant under the terms of a lease are not affected by a change in ownership.  

Post what you would like, ask questions, ask for clarifications, disagree, but refrain from interpreting others' remarks.

AIRBNB W 30 DAY MINSeems reasonable, although technically the HOA rules state that any commercial use is forbidden and that they will interpret an airbnb listing as evidence of such. 

@Jordan Redar   no limit to how many you can buy,, however each state interprets the dodd frank in their own unique style.. and its the sellers responsibility to adhere to it not the buyer.1 to 4 units under federal law is relegated to the dodd frank.. under many state laws if they are non owner occ  then they are exempt.. some states they are not and when seller financing them you must have an LO put the paper work together for the seller.

From IRS' standpoint, I guess they will treat it as rent which generates more taxes.Again, your cash flow interpretation is wrong.

Did I interpret this correctly?

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