Again, commercial lending is a different game, as there aren't the major regulatory hurdles that you have with residential/personal lending.  

We would expect a great level of competency from the institution for regulatory and underwriting ideas.  

., happens in business all the time.In corporate america, it is not unusual for a fortune 500 company to have 600-700 entities across the globe for various reasons (taxes, regulatory and liability being the main ones).My "other job" is flipping companies, in a sense, and this structure is common, especially for partnerships with other investors.Commercial RE ($10MM+) is also conducted in a similar fashion.In fact, this is the norm outside of individual investing.You can always get a second opinion from another lawyer and CPA to see if it makes sense for your situation.

Among its characteristics are:- Plus: Higher cap rate- Plus: Your place is available (for sale or for personal use)- Minus: regulatory risks- Minus: PM issues  So because some investors are attracted by the higher cap rates, but can't handle the issues on the long term, we are also seeing a lot of people being tired and wanting to stop VR.

When they say "Broker's license" that means you have to operate under a broker, not that you have to be a broker yourself.I think the requirements are spelled out by the Dept. of Licensing and Regulatory Affairs.

In short, more tenant protection and levels of regulatory oversightWe are working on a syndication group for those looking to get % stakes in a deal, but a more active investment than simply lending through crowdfunding.

What are the regulatory limitations?

Before jumping in, know that some regulatory issues are changing. http://www.insidesources.com/union-and-hotels-behind-restriction-of-airbnb-in-austin-and-chicago/

Some cities have higher (and longer) regulatory burdens than others.

Found the below link for MI dept of licensing and regulatory affairs (LARA).