As back up case for newbie and future appreciate, I am looking for a single family house in very good or top rate public school (Blue Ribbon honor school) in Cary, NC.

Still being new to investments, I still haven't purchased a property, I want to know if this violates some sort of investor code of conduct and how would a bank even find out??

How does the conversation go, well your honor, the borrower signed the disclosure that we reviewed their income.

I see that you're in California; do you happen to have any recommendations for a CPA thoroughly familiar with the code regarding real estate transactions?

It may or may not offer limited liability as provided for in the agreement.An agreement isn't necessary as much as a settlement statement showing the assignment fee that must be accounted for as under tax code and real estate settlement procedures, the settlement agent will generally take care of this as an expense paid out of closing if not paid at settlement.Any contract is assigned by endorsement, much like you endorse a check over to another payee.

I'm evicting a holdover tenant in California and running into issues/concerns with CA Civil Code 1962 (and amended by AB 1953).

I'm just going to honor the contract like a colleague or mine suggested and possibly lower the other side to fill it.

However, the city code states that not more than 4 unrelated people can live in one unit.I have looked at the matrix for the zoning, unless I wanted to do something more commercial there is not any money to be made.

To me that's code for bottom of the heap, lowest quality.

Absentee owners, tax defaults, code violations, pre foreclosure and mail to everyone on it.