In Cleveland, I'm taking down duplexes as rentals and Cuyahoga county requires us to communicate with 3 - 5 departments just to get payoffs.

The Sonyma FHA loan, if you refi the loan, move from before the 10 year requirement, etc.

Flat out, I realize we're friends/family, but I need this lease in place to comply with laws that require things in writing and for my protection should there ever be issues.

You'll want to read Maryland new requirements for landlords.https://dhcd.maryland.gov/TurningTheKey/Documents/HB693-Land...

I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.

Required good credit, adequate reserves, full doc commercial loan with a personal guarantee.  

I found them on line and wondering how was your experience if you ussed them.response would be appreciated If you have questions about to process or what is required please feel free to reach out.

If cash flow is your priority, out-of-state investing in more affordable markets like the Midwest or Southeast might make sense, though managing from a distance requires a solid local team.If you stay local, networking will be key since the best deals in expensive markets rarely come from the MLS.

If you're an accredited investor able to meet the minimum commitment amount required by the fund, I have to imagine you have access to opportunities that are more favorable to you as an LP.

I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.