It just takes time to learn enough where you don't lose your shirt, IMO.Financing is a big hurrdle, complying with the wishes of the neighbors and community, some can't get past the city council or building regs folks as they are frankly, scared to have a new developer fail and leave a mess.

Also, if that doesn't work, look for a structure that doesn't necessarily comply.

When the authorities finally made the decision and began issuing permits, these houses didn't comply either because the damage exceeded some % of value, the elevation of the structure, or the neighborhood where they were located.

After doing so, make sure to winterized the home before you leave to avoid any problems.If they still do not comply, you have two options. 1.

Your arguments to the contrary, or soft back pedaling, make you look inexperienced, unknowledgeable and just plain ridiculous.The reason private lenders do not want to lend on owner occupied homes is that those loans must comply with the SAFE act, resulting in burdensome regulations, increased costs, and greatly increased risks of litigation.

After that, you'll need to take the state class, pay for bond and comply with state regulations.

The law in my state for evictions is for the tenant to either not pay rent or if they don't comply with their lease.

Remember that just because you put it in the lease agreement does not mean that they will comply.

The SEC still has not written the rules that were supposed to be written by July 4, 2012.Your friend lending you money is probably not going to cause an issue under securities laws, but you will need to make sure you comply with the SAFE Act and any state lending laws.If you and your friend are partners (members) in an LLC, and you are both involved in the management of the business, then you probably don't have any securities issues because his membership interest would not be a security (even if he puts in most or all of the capital).

Other buyers may ask for less as well, but be prepaired.Since you letter invites a commercial transaction in some states credit and other information may be obtained by a potential buyer and the owner/borrower may need to be informed of the transactions pending and comply with requests, again, may or may not be required, but certainly notice must be given.