That will teach you about the regulations but it won't teach you about being a good lender.  

With 20/20 hindsight regulators and plaintiff's attorneys paint targets on these individuals through rescission rights or other legal techniques-They train sponsors to source money through other active investors which inevitably leads to squabbling and a loss of control.  

(now...don't go leaking my secret government plan.

In my experience, Declarants-in-control have a tendency to over-pay management companies, sometimes even management companies that they own under separate legal entities.If you were successful getting much information from a HOA as an offeror, I am impressed, as their governing documents and practices generally limit their obligations to their own Owner/Members.  

Dodd Frank is nothing to play with and the lenders in our space recognize the importance of separation between covered loans and those that are not covered.Florida and Virginia are states where an entity is required to differentiate the loan from standard residential guidelines, regulations and laws.Stephanie

Make sure that your property manager is a licensed Realtor or Broker, look them up on DBPR, the department of business & professional regulation.2.

Then, READ THE LAW that governs the state in which you are forming and naming your business entity.If you need to talk to the real expert for your state of interest, call the secretary of state's office in that state and have the receptionist transfer you to the person who handles formations and names for type of entity and ask them the question.Happy googling/dialing

Of the 7 rentals I have had fines for various violations of the rules/regulations for 5 of my units.   

You also have a diversification in industries providing jobs in the MSA although a majority still come from health-care, schools, government and transportation/distribution, agriculture and research just to name a few.Why does it matter?  

The term means that it is a specific lending program or fund not sold off to or under fannie/freddie or government loan guidelines.