Several jurisdictions were not aware of this existing authority.(3) It is the intent of the Legislature to clarify that when a building permit for a residential unit does not exist, the appropriate enforcement official may make a determination of when a residential unit was constructed and then apply the California Building Standards Code and other specified rules and regulations in effect when the residential unit was determined to be constructed for purposes of issuing a building permit for the residential unit.

I've also used the Brandon Turner Book on Managing Rental Properties "Rules and Regulations" sheet that is included with the book as a guide to add pet, smoking, parking details, etc that the lease will refer to, once approved by the attorney.  

@Tanner Shore you should loom up the regulations for ADUs in your area.

The IRS has specific rules and regulations in place to prohibit the SDIRA from providing you with any current benefit. 

The firms focus is in commercial property and I have learned an incredible amount about navigating city and county regulations, dealing with complicated leases, permit running and expediting and so much more.

@Jaysen Medhurst Hit on some very good points when navigating this type of deal, especially in CT where the zoning regulations tend to be pretty strict. 

@Yulya Marucya I think Midwest City is a good market to invest in rentals but wouldn't recommend Del City, they have some pretty strict regulations when it comes to rentals that would be on top of section 8 regulations.

(a) Any law, ordinance or government regulation (including but not limited to building and zoning laws, ordinances or regulations) restricting, regulating, prohibiting or relating to (1) the occupancy, use, or enjoyment of the land; . . . except to the extent that . . . a notice of an encumbrance resulting from a violation . . . has been recorded in the public records at Date of Policy.   

If they are going to be a passive investor while you do all the work, this may be treated as a security under the rules and regulations of the SEC.

Well, thanks to 2009/2010, banks made a lot of loans based on hope and faith and making pretty risky loans that ended up kinda badly.So now they need to have a dis-interested (ie no financial involvement beyond his fee) party to give a professional (ie licensed and regulated) OPINION on the value of the property.However, appraisers are only giving an opinion or educated guess which can be wrong.