Anything over $400K is taxed at 39.6%, which is the highest tax bracket.You can see the details here:http://taxes.about.com/od/Federal-Income-Taxes/qt/Tax-Rates-For-The-2013-Tax-Year.htmOn top of that you will likely pay 15.3% in self-employment tax, as Steven mentioned...

However, it is a Federal Pacific "Stab Lok" panel and this brand supposedly had breakers that malfunctioned in the past. 

FHA reserves the right to revise the resale percentage level at which this second appraisal is required by publishing a notice in the Federal Register.

Is there nothing at a "Maryland Law" level that governs these things?

There are no such applicable laws in Canada that govern options to purchase, etc.  

Landlord retains the right to determine how and when therepair will be done, in accordance with federal, state, and local law andcodes. 

I have asked Airbnb and they refuse to give "legal advice" and just say to ask my local government.  

I have a few ideas that I believe would meet requirements for a government grant, because of that I would love to speak with anyone that has experience with government grants for real estate 

Or the government could give out $2,000 more in stimulus checks.

The good news for us is that lending law allows us to use any non-deceptive terms, so by using "Private Lender," we can avoid all sorts state and federal regulations.