I know politicians constantly tout how complex it is and the more unusual your income stream is the more ponderous it can get.

That normally means simple deals that are not too fancy, complex or large.

And finding out its a pretty complex beast that attracts all sorts.

For complex transactions, I enter them myself.One of the best investments I ever made was John Hyre's QB overlay.

It doesn't matter where money comes from, a down payment is a down payment.I've done them more than a few times, but orchestrating a real no money down with seller financed deal is rather complex, can't be learned in some book as each deal is different and is no place for a beginner to start, IMO.

We have a #2 that owns & manages their own 30 or so homes but manages for others, too, and also a #3 in another state that only does property management, from SFRs to apartment complexes.

We own 16 condos in the same complex in New Mexico.

So the answer is a complex one and each individual needs to check and verify the laws where they are engaging in business to make sure they are in compliance.

As a tenant in an apartment complex, I was doing some research on my bathtub getting resurfaced because there's cracks in it.

We also have some of the strictest and complex rental and eviction regulations, and they are constantly changing.