@Adrienne Green @Chloe Kim This is a topic I've seen come up before that falls into a little bit of legal gray area, and I've seen interpretations of the laws vary widely.

For me, that means no carpet, semi gloss white, cream or light gray wall paint.A renter needed...it will take 2 years of rental income on your tax return for many lenders to consider it as income.HELOC is variable while 2nd mortgage is more often fixed.

It’s now actually very tempting to buy a gray stone or brick 2-flat and convert it to a single family. $650K in and add $200K for rehab then sell it at $1.2M.

The repose gray suggested looks like it would be a good match (looking at colours on a computer).

I have done 3 deals so far, purchasing a homes comfortable enough to live in using VA loans with on average 10-15k of equity on the date of purchase due to finding opportunities in the gray area.

The reality is that regulations are governing certain aspects of mass messaging, and there are a lot of gray areas as well.

(fanniemae.com)There's a bit of gray area in the requirements, and lenders will likely interpret some of them a bit differently. 

This can make a big difference the in evaluation of a property and has caused me to go gray way sooner than I would have liked :) As always I appreciate the insight and efforts of my Bigger Pockets Colleagues.  

Maybe it's doable but seems like it could be a gray area in a not so good way. 

This is feedback for the BiggerPockets forum.I would love to see the forums adjusted so that when someone is quoted, it puts the quote into a box, usually lightly colored gray or blue (to match the BP colors).