Hi All,I'm working on my first subject to deal and the owner has a problem that I'd like other investors input.

Always do the analysis numbers to make sure you have a good deal and try to look at a property before you make an offer until you have some experience or at least have a clause in the sales contract that gives you some time to inspect the subject property and possibly back out of the deal without a huge penalty.  

That is a national rule mandated by the CFPB but it's broken frequently.

You are better of seeking referrals from other real estate investors in your area for a quality lawyer and do not shy away at the prices.A great deal is subjective.

Everyone says to go to your counties website having the subject property address and do a property look up.  

If you get audited and caught your entire account holding the property becomes subject to penalties and taxes.  

I have recently been interested in this subject and can attest to the fact that the rules and regs vary widely and are to say the least numerous.  

It's very easy to step over the line into securities law violations, and the investors attorney is sure to bring that up in court should the deal go south and the investors decide to sue you, the person who sold them the investmentActive investors in a deal rarely sue each other, passive investors sue much more frequently should losses occur.  

Then time the contracts accordingly.Your right subject to the sale of your current home won't happen.

Unfortunately its not guaranteed to generate higher and they have to wait for 3-5 months to close and subject to the whims and fancies (and of course financing) of the retail buyers.Free market, people are free to choose whatever means they have.