Appraisers are so regulated, especially in the case of doing bank appraisals, that sometimes were aren't that accurate.

It's ideal to have both licenses as I use to, however resent regulations now prevents you from having both.

Though since was before the Dodd/Frank debacle their reasoning was based on safeguards against strict Landlord/Tenant Regulations.

Regulators look for predatory practices from scrupulous people and companies where they offer to review and some type of fee is paid to the party.

But doesn't look very good.Next, in January, you won't be able to collect the payments yourself, you'll need a servicer to collect them under new regulations, that is another federal matter.Next, and strike three, you have an agreement that circumvents foreclosure requirements, now since Texas doesn't allow installment sales, it won't be allowing an installment with any equity amount to require or exempt the foreclosure process, so again, you stepped on it.If you have made any arrangement to convey title after the financing, it's a purchase arrangement and they folks in that house are not tenants, regardless of what you would like to call them, they are buyers, with ownership rights.I'd honestly say you're screwed.

The CFPB was created in 2011 under Dodd Frank and it is an independent federal agency that holds primary responsibility for regulating consumer protection with regard to financial products and services.

(no electrical and limited plumbing).That's about it for now.

And in some states, there are regulations covering lease options.

The roof leaks, the wiring and plumbing are old and shot.

Walls are easy, but plumbing gets expensive.