I had approximately 9 properties in escrow ready to close when the government changed the regulations and limited properties to only four.

Political environment?

If you are buying at the prevailing price in such an environment, you are likely buying at some level of inflated prices. 

Where you get into trouble is the branding thing, and navigating the Division of Real Estate's regulations for that.  

You should have liability coverage in the 1M - 2M range and require your tenants to have 1M liability as well.As long as you operate a safe business environment and properly maintain your properties there should be no issues.

That said, you will find hard-money lenders are not as common and some of the ones you may find are not terribly regulated (caveat emptor).  

Again, you would need to read the regulations carefully. 

He states:There is no specific law or regulation I can point to – it is a statement that I made based on my understanding of how the ERISA laws and regulations work in conjunction with the Internal Revenue Code. 

There are a lot of rules and regulations in Pinellas County but the areas that do allow them do very well.

Demos, Wholesalers are basically like realtors without license, guidelines, rule or regulations.