Basically it added a ton of regulation to the financial industry.

First read, study, memorise your state landlord tenant regulations.

So far Matt C is the only respondent with reliable information as he is the only landlord with experience in your state.You need to sit down and take the time to learn all your state landlord tenant regulations and how they are applied.

There are several ways to structure these deals, but to be in compliance with current regulations and to be very fair and clear to all parties involved, your terminology and the clauses of your agreements actually matter. 

@Jessie Wells, I would say check out the rules and regulations and see how much of an impact that would have on the investment (paying taxes, etc.)

can you guys help me out  please any tips I'm in Los Angeles, and I'd be a part time agent with KW at 19 yrs of age.There's a ton of regulation in Calif, see my profile for info in CalifBest wishesBrian

Millions of dollars will come back from overseas, jobs will increase Dodd---Frank and over regulated loan and banking laws will be thrown out .What is not to like if your are real estate investor ?

As you learn more, you will find that you have more strengths than you originally thought.B) What is your market/environment doing?

The BP site is wonderful for general advice and for expert opinion on US rules and regulations, but not for overseas laws.

Rather than approach it with a "build from there" mindset, write out a 5yr-7yr plan and start working backwards.Also, at those level you have to start thinking syndication and SEC regulations, if not already.Good Luck!