Again, you must look up your area's laws on this situation.

In order for the subject property to qualify, 75% of the total market rent must exceed the total monthly payment.

The deadline is very strict, and the custodian must receive the money by the deadline.If it's anything other than A or B - there could be some important complications.Once you acquire the property, ideally you should limit your personal use to no more than the greater of: 14 days, or10% of the total days you rent it to others at a fair rental price.If you exceed this number, your tax deductions will be limited.And when I say "personal use" it does not mean just you.

In order for the subject property to qualify, 75% of the total market rent must exceed the total monthly payment.

, the mail man must have lost it”. 

I will keep it moving on to the next one.one last thought I know in our state a GC that builds new homes MUST have a bond to get a license you could also file a complaint against their bond..  

Is there a law, state or federal, saying,at so many properties or income level, you must get a real estate license.

I am about 40 mins from Fitchburg- and I have not visited many multi's there recently. 

It’s who all of us agents must answer to.

She's talking about what normally crosses her desk, and I can only assume that she is correct for your market.But there is no law that says your deal must be what "normally crosses her desk."