This may be necessary anyway as it seems like the standard residential underwriting becomes difficult to qualify for after multiple properties due to restrictions on rental income qualification and debt/income ratios.

That aspect is directly applicable to all investor deals in rent-to-own, lease-options, CFD and notes.That was basically the intent of the law, to restrict dealers, not so much homeowners in their residence.Like I have said, there are many aspects of the Act that I don't like, it could have been more investor friendly in many ways and still cut out the crooks, I understand investors want to go back to the wild west.If others on here had to clean up as many messes made in seller financed deals as I have they would probably have a better understanding of the issues.

Good points Gary, there are a lot of restrictions, just make sure you understand them and work within the the guidelines.

Secondly, I see its commercial, but are there any commercial brokerage restrictions in your state?

It's really going to depend on what your building regs folks will allow, if you even have restrictions.

Almost all communities have a sign code that restricts or limits new billboards because the original federal act withheld funds to states that did not adopt billboard regulations.

·Resale Restrictions – properties purchased in a pool may only be re-sold to owner occupants or rented during the first 90 days of ownership.

Some short sales will have resale restrictions, some will not.

If you work for a branded agency, such as a Keller Williams franchise, the owner/broker may restrict some of your activities by policy.

We heard that we could charge the owner a "renter's fee" but we aren't sure we want to go there; but who do we ask about this option and whether is it worth the grief we'd get if we imposed it.