See here:  http://www.bls.gov/eag/eag.oh.htmThanks Chad,ll change my marketing now to BOOMING Ohio lollolI always said I see the Midwest as a strictly Cashflow play.

In Florida if you get caught doing one lease  option assignment deal and you're not licensed, the  Florida real estate Comission will come down on you like a ton of bricks, so ...set up a company LLC with a licensed real estate agent or broker and have those sellers enter into a letter of intent to lease and option that property and Then send the sellers to a title company to enter into a lease and option with your particular LLC, and the member signing the lease and the option is a licensed agent or broker in FLthen then assign the deal for a fee and you should be fineI don't know if you know this but Ron LeGrand the godfather of real estate investing in the 70s says that you should be licensed in Florida if you going to do is optional assignment due to the regulations in Florida

Planning rules governing development in the downtown/midtown grid are becoming increasingly strict and those properties stand to appreciate over the medium term. 

I'll definitely try other banks if this Fannie Mae regulation is not one that is a hard and fast rule that all lenders have to go by.  

If you're looking for strictly mailbox money with no management headaches then you may want to look into DST's (Delaware Statutory Trust).

With syndicates I know you can't publicly advertise per se for investors without complying with strict and complicated SEC laws. 

Also, I just found out they have pets and the property has a strict no pet policy.

You cannot prove work comp to a state regulator by just not having it, there is a formal process to self-insured.Lastly, to the original poster@Jim Carson , living in Indianapolis, and knowing a lot about insurance, repeat this mantra when thinking about insurance. 

I did more digging and found out that the unit was marketed as a 1 bedroom but according to local regulations a bedroom must have a window of 10% or more as compared to the size of the room. 

Fix/flip money though falls outside of Dodd Frank and other regulations.