To gain title to land through adverse possession requires strict compliance with the law, but can have dramatic impact upon land ownership rights.An encroachment could result in title to your property being transferred to an adverse possessor.

I am a member and it has saved me a bunch on getting advice about laws in other states.

Real estate Laws?

That said, many associations have CC&Rs & By-Laws that make it very difficult to do anything.

I believe that this depends on each states laws governing the closings and how they are done.

I feel they can be and are great investments IF you know what you are doing.Also note that laws vary from state to state.

•What laws are necessary to know?

People will always need a place to stay it's Maslow's Law "Hiearchy of Human Needs".

I'm assuming an attorney specializing in real estate law/transactions would be best.Is that really all I need to do - Contact an attorney to help with the paperwork?

Your right since the hurricane Katrina there are now laws in place that allow the casinos to build on land however I'm not sure about how far from the water they are allowed so far I haven't seen anything more than across the street from the water.