On the other hand, regulations have have become increasingly biased against industrial companies4) Office comes in many shapes and sizes, but is getting influenced by technology and demographic factors.  

@David Wurzel great points on making sure your numbers are in compliance with Federal and local regulations, any suit can be very costly.

The cheap motel owners probably don't have enough money or influence the city and its regulations. 

The downside is under current regulation the forgiveness is considered income.

Don't call it "deposit" or so because you are dropping into "deposit regulations" bucket.

I have to dive into the regulations of purchase as each building has their own rules.

Since FHA loans are only given to owner occupant homebuyers, if you were hoping to use the FHA loan to purchase an investment property, your question becomes moot.The FHA loan guidelines are more relaxed than conventional loan guidelines; this includes less strict regulations about past bankruptcies and/or foreclosures, job requirements, use of alternative credit, and debt-to-income ratios.

@Ali Boone My major is Mechanical Engineering, Rochester is certainly interesting and I think we'll see some innovative things from the budding start up/college environment in the near future.

And the Feds have no constitutional authority to regulate commerce that is not interstate commerce.

I am a currently working as a real estate agent for kw (new agent) but I also own a ceramic and flooring company and been in the construction business and environment since young.One of the first things I've done by researching here was to join the reia in my area.