I know people who got large fines around 20k because they were not aware of the restrictions.

Because no matter when you purchased in the last 60 years (including at the height just before the Great Recession) you would have experienced great appreciation 10 years later.Do not ignore the appreciation. 

This building is historic, and would come with restrictions.

(i.e. you walk through one bedroom to get to the other). usually it also must have a closet, sufficient ceiling height, and 2 means of egress.

What if you want to help a family member financially - what are the restrictions?

yes, age, depth, width, height is the old crazy credit adage lolSTOP applying for credit, DONT change up your credit card to a new credit card, inquiries and new locs can ding your credit, its temporary but still hurts, manage your cards and pay them OFF each month, never be late. watch your DTI and keep buying houses but when you do make sure you are getting approved by several lenders at the same time within a 2 week window so it only shows up as 1 

@Nik S.Also when doing the title search, a deed restriction was such agreement.... doesn’t make sense, the whole clear title situation.

Also short sales have many rules, restrictions and require techniques to get a closing done......a fruitless endeavor for a beginner.

There is a small room with the laundry machines that you have to go through in order to get to the bathroom and the other bedroom - i'm not kidding when i say this doorway sits at about 5 ft height and the room with laundry machines varies between 5 1/2 feet and 6 feet. 

Is there any legal restrictions?