Depending under what rule (506(b), 506(c), etc) of Reg D the syndication is structured, the number of accredited and sophisticated investors allowed to invest may vary, as well as the total amount allowed to raise. 

PA is a bit difficult or has more "rules" on lease options which also might be why the agent/lender involved are not thrilled about it -  what about a contract for deed or wrap mortgage on their existing mortgage for 9 months ?  

I don't know the details, but I believe a court made a ruling that scared the banks into it... could be wrong about the reason why.Yes I mean one that has passed through the court, the court issued a writ of execution and passed it on to the Sheriff office to sell at a court house step auction.

They make the rules then simply allow tenants to walk without consequence.There is zero point in having lease language that you do not intend to inforce.

@Paul PassafiumeTo learn about the IRA conversion rules see the following:https://www.irs.gov/retirement-plans/retirement-pl...To learn about the 401k conversion rules see the following:https://www.irs.gov/retirement-plans/retirement-pl...

According to the CCA rules and regulations for the city of Cleveland:5:01.I "Any person receiving rental income from any property must file a return whether or not there is any tax due."

The rule sort of says that you don't allow pets, but you do, with a fee.

(obviously my mistake) So 2nd time almost identical issue, on the 5th tenant came by after hrs with no phone call or acknowledgement that they had left payment except this time we saw the car leaving so i called (of course no answer) but left a very stern and detailed message about how this was not acceptable and no longer will be tolerated. 

Does the 50% rule include only operating expense, or does it also include debt coverage and taxes as well?

Specifically, you have the ability to avoid passive activity loss rules set by the IRS.What does that mean?