Quote from @Makani Donaldson: From what I understand, different islands or cities have different rules, and they are getting stricter.

Another note on construction cost, going vertical is very expensive now and would require have a great connect with a developer and a builder in the area.See what rents are in the area and run the numbers to ensure the rents will cover your costs and give you a solid return—using the 1% rule can help.

My logic behind a area to hold is basically is in my zone of knowledge that means close in and in a  A-B area .BIG fish can have the whole USA in their  zone .Outside of my zone I am thinking flip it there are exceptions like all rules . 

If a wholesaler can still profit while provided “full disclosure” and adhering to the rules and regulations of real estate licensees then they’ve earned their profit.   

Condos are less expensive to buy, but you have condo fees and special assessments and condo rules.

Our top return property is far better than our average return property.I do not get to make the rules (and there are many rules/regulations that I do not like), but the rules have not prevented me from making good profits in CA real estate. 

I have successfully defended multiple clients in this situation.Once again: Don is claiming his deduction correctly, and I am breaking the rules.

Just make sure to look into the HOA’s financials, rules, and rental policies before buying.

Just how important is this “rule”.  

So is it a matter or reaching out to lenders saying I'm willing and able to act as a broker and ask for their terms/rules?