Not only do you have Federal laws, rules and regulations, exemptions and safe harbors, but also 50 different state laws!

Presently this is the case, but it is appearing like FHA financing on condos is in the process of being reformed to be more lenient on its restrictions: http://www.utsandiego.com/news/2012/may/20/tp-fha-may-ease-regulations-for-mortgages-on/I think this latter point is the biggest reason for optimism in the condo market.

So i think i be better of loosing my deposit and not getting a car payment attached to this condo i cant use.You should probably create a new post on this, but in most states if you are not satisfied with the HOA or Property Management Rules and Regulations or Fiscal stability you have the legal right to void the purchase agreement and retain your earnest money.

Ditto for REOs, generally, when banks are under pressure to relieve inventory due to banking regulations, etc.

I know I won't have a problem with the SEC as the # of investors and the $ amount is way below what you actually need to register due to Regulation D rule 504.

Is it in conformance with zoning regulations?

My first of a long list of principles;You can follow the Boy Scouts Creed, andComply with rules, regulations and lawsDisclose all factors that your client/business partner/customer needs to make a fair and informed decissionProvide value for what you offerMaintain financial records in accordance with GAAPPay all taxes required to be paidMaintain your professional knowledge and understanding of your industry and share knowledge to the extent as to benift the entire industryMake your business a positive contribution to your community.

Many problems and opportunities are the result of changes - changes in zoning regulations, changes in land use, changes in the immediate neighborhood (for better of for worse) which will lead to changes in demand for any piece of real estate you buy.

Any complex that has a 10 page description about renovations rule/regulations is to be avoided as a rental property. 4.

Welcome to BP Gene.