I've perused some of the existing forums but haven't been able to find exactly that information.

Make sure you download an estoppel agreement for the existing tenant as well.

Thanks Mark, But how does the existing mortgage that is part of the Subject-To apply to the UBIT.  

They usually send an Inspection Agent from Section 8 to look at your property to see if it passes their code of rules of regulations.

Not that I want to get anymore licenses, my CA broker license is enough governmental regulation for me to swallow as it is ... and I don't have any agents.

I'd love to sit down over coffee with someone local to see if they think this is actually a "deal" and if so how we could make it into existance.

.- Does Florida have specific regulations regarding Lease Options?

As your transition into bigger and better properties, including multi-family and commercial, you will likely find that any worthwhile opportunity will become easy to match up with your existing buyer client base.

Anything that is existing is required to meet the code at the time it was installed - not to meet the code that is required now.The local jurisdiction. quite reasonably; wants to inspect to make sure that nothing is leaking or unsafe.

I'd suggest your very large law firm of wannabe regulator crooks due a little due diligence themselves in areas of conspiracy for financial gains against an insured lending institution.Now, if an applicant off the street gets turned down and seeks their aid, then more power to them.