I might suggest you read carefully what I said instaed of skimming over it then.

. :)Investor to investor deals can later be out of compliance if the buying investor allows the assumption in some installment loan as it may the be seen as a method or scheme to circumvent the intent of the Act.If the property is residential covered property, it's just best to comply with a MLO or attorney.....another option is to sell to a non-profit and let them do it, another exemption, but most won't go there.I really wouldn't ask closing attorneys or title attorneys about loan compliance as that is not their area of expertise and I'd say most will skim the regs of the day and base much of an opinion on RE experience, which is not the same thing.Call a small local bank, tell them you have a need for a financing type attorney and ask who they use in town or in the region.

Attorney milks the estate $120000 a year salary, buys crazy stuff, and after ten years the money is gone, poof.Dig into the moving parts: ages of all the parties, health and longevity of each, options, who is responsible, who is not responsible... 

There's milking cows and cattle, you need to know the difference, but you can make money with both.

I understand you get into  property with little out of pocket and get to get in the game so to speak..however reality is no equity sub too is not a great investment unless your in high appreciation type markets  big metro areas of the West coast etc. this I have a ton of experience at pre equity skimming laws..

From the looks of the skim I did on the book.

My PA homes I bought for under 200k each.... so yes .... can't cry in our milk no one cares..

Every few months I would skim through a few forums for entrepreneurs, which were inspiring but didn't give me the sense that I could start a sustainable small business from nothing while working full-time.  

From being a GC, I now know that the risk part of a project (LNI, aesbestos, lead-based paint, injuries, employee complaints, milking the clock, OSHA safety compliance, safety training and meetings, litigation, construction defect warranties, etc) equals the cost of direct labor and materials.

If not they will milk free rent and try to delay eviction or wait until the last second to move.Either way you are going to be out some money on this one eventually.