Baltimore is about as tenant friendly as any place could ever be, and its laws and regulations reflect it.

There are a plethora of mortgage servicers who handle all of these things.Taking, processing and administration on mortgage payments is a far more regulated concept than rental payments.  

Gene Bennett is a fellow RPM franchisee and sort of a legend within NARPM for the years of training he has provided nationally.  

The returns to you are regulated by the SEC.It's a true passive investor <Grin>. 

When we questioned our attorney, he had never encountered this issue before and he thought perhaps it may be part of some new FNMA regulations?  

@Gene BelavalTo my understanding, the jury is still out on this ruling as there's no definite interpretation as to when the breach of the mortgage contract occurred to establish the date to base the 5 years from.  

I have been searching the internet for any type of code or regulation and have not been successful.

I am not up to speed on the regulations there, but you might consider putting out some signs of your own.

The City has some regulations on what can be put there, so will need more info on what the product is to know if it's a viable solution.What do these sell for and are they completely finished ?

Some rules and regulations may change depending upon the county.