Then the town would issue you a fine and give you X days to comply (make it a regular SF again with no rental).Second, if you ever had to evict the tenant (another almost inevitability in this business) you could have some serious issues in court.

But the land we bought for our neighborhood development has been a gigantic learning curve regarding what the city council, architectural review board, department of environmental management, and other agencies will require you to comply with.

A Non-Qualified Mortgage (Non-QM) is any home loan that doesn't comply with the Consumer Financial Protection Bureau's existing rules on Qualified Mortgages (QM)."

It can be entirely out of code, but must comply to a HUD/FHA Counselor visiting to ensure it meets code during each phase of construction.  

DEED RECORDED 02-19-20198125-18-515-0399438 BLOOMING GROVE AVE8914920140530-1025 - 1ST DOT - $173,302TRASH - LIENS $643SEWER - LIEN $217WATER - LIEN $7179125-05-311-0259108 BLUE RAVEN AVE8914320061206-3865 - 1ST DOT - $225,000NO OTHER LIENS FOUND10162-12-412-0132599 BOLERO AVE8912120140930-2885 - 1ST DOT - $162,469** BID WITH CAUTION **JUNIOR IRS LIEN RECORDED 09-18-2014, 120 DAY REDEMPTION APPLIES $85,09611177-26-610-03310034 CANDLE MAKER ST8918320120718-2177 - 1ST DOT - $230,210TRASH - LIENS $2,21812124-25-513-0676249 CAPEHART FALLS ST8908120101004-3800 - 1ST DOT - $97,648HOA W/NOD - (ASSESSMENT) LIEN RECORDED 06-05-2017 $2,414RELEASE OF SUPER-PRIORITY LIEN RECORDED 10-13-201713190-20-311-0062677 CHATEAU CLERMONT ST8904420161021-2728 - 1ST DOT - $622,200** UNABLE TO INSURE **ACTIVE BANKRUPTCY CASE - NO ORDER LIFTING STAY ENTERED14139-05-815-0714009 COLEMAN ST8903220080312-4060 - 1ST DOT - $278,640HOA W/NOD - (ASSESSMENTS) RECORDED 04-08-2019 $2,42815138-14-412-0326444 DEADWOOD RD8910820061129-1951 - 1ST DOT - $230,192** BID WITH CAUTION **NUISANCE NOTICE AND ORDER TO COMPLY RECORDED 05-15-201416137-12-310-1593451 DESERT CLIFF ST UT 2038912920070329-4987 - 1ST DOT - $164,000** UNABLE TO INSURE **PRIOR HOA FORECLOSURE SALE.

The issue is that, because Dodd-Frank is so vague on the specifics of some of the regulations - having left the interpretation and implementation to the states - it is difficult for individual homeowners to ensure they are complying with all the state specific regulations and disclosure requirements, which is why most people recommending the use of an RMLO.Dodd-Frank has been a complete cluster, since it's initial implementation. 

It's simply best to comply, use a RMLO and keep everything above board.On another note, if you get a heck of a deal on a MH and you sell it at it's near true market value, (MHs having a book value) then you'll be fine doubling your money.

Make sure you comply with your state landlord-tenant laws as to the proper amount of time to give notice that you intend to enter the property.

Water wells servicing more than 25 homes must comply with state and EPA requirements.  

All banks have a duty to comply with the U.S.