While a state regualtor may have a different view, this is to federal compliance, so might as well classifications applicable to federal law. :)

So if the contractor is telling you to pull the permit, you have to make sure that you're in compliance with that state or city ordinance.

Code compliance issues?

Being licensed or securing permits only indicates compliance with a process.  

If I had at least $2,500, I might go half in AdWords and half in direct mail to Absentees.If I only had $500 or less, I'd do bandit signs and hope I didn't get busted by code compliance (which is why I don't use them) before I can get at least one deal done to fund a real advertising campaign...

Like Sixpack Abs and Get Rich Making Money in Your Underwear, people who are attracted to real estate as potential investors are not encouraged to see the ugly seedy side of the business.I'm referring to dealing with the the garage sale of humanity, the crazy people, evicting raging tenants, death and destruction, lender bureaucracy, state compliance, etc.

I feel like the vagueness of the Safe Act, the way the states have been implementing it, and the many things required to be in compliance when lending has us heading for some real changes when it comes to seller financing.

It’s not easy to abide by every law, it might even be impossible when compliance with some laws encourages breaking others.  

State laws do vary and you need blue sky compliance, but most competent securities attorneys can help with that.  

The notice is basically for the owner to get in touch with them and or bring the property in compliance.