The job and subsequent income of the borrower is likely going to be a tough hurdle to get over.

FinCEN intends the definitions in the Final Rule and subsequent amendments thereto to be consistent with definitions in the SAFE Act and other federal mortgage-related statutes, only to the extent deemed appropriate to advance FinCEN’s mission, strategic goals, and policies.

I would think that it would be far too restrictive to dictate that each subsequent owner must hold title for the specified term, and the purchaser (meaning you) should fight anything that overly restrictive.

Yet, the police felt the need to overstep their authority and arrest him (and subsequently release him without charge).

Unfortunately they know a lot of landlords out there will let stuff slide.

I mean, 2 hours or more staring at a single power point slide while Than Merrill droned on about how busy he was making money in CT and now San Diego.

I know the 2% rule slides depending on the cost of the building...I'm looking at a 4 unit bldg now and trying to figure out a good way to evaluate these properties never having done a multi unit.the GRM is an 8 and the 2% rule is at 1.01%.

.- Alway bill for those additional costs on the subsequent progress billing.  

I also have an email where I emailed the bank at 8:30 this morning to ensure the wire would arrive on time and then I subsequently emailed you confirming with you.

AirBnB charges 6% - 12% on a sliding scale depending on the amount of the reservation.