Now, with MERS and regulatory constraints, such an approach may be limited, the art of underwriting being lost in favor of a mechanical approach meeting certain requirements.Lastly, and I am not including Ann in this at all, but if you look around as I did in my area, you'll find that many of the older, less regulated mortgage brokers began by an investor, an ex-bank employee (loan officer or processor) and someone who had a real estate background, like a Realtor.

By taxes I mean any new law or regulation that causes you to pay more money in taxes, fees, etc.If you feel like you need to take more and more risk to maintain the same income, at what level of taxes do you finally say enough is enough, my up-side-only investment partner (uncle sam) is getting too much of the profits and I’m taking all the risk, I quit.

Bank president called and said the bank regulators told the bank to reduce the price before they accepted our offer.

I would be surprised if any ERISA attorney would tell you to move ahead with this arrangement, even though it doesn't violate any "self dealing" regulations.

Federal Government regulations are very complex and even when we might think that we are doing it in the correct way, a federal inspector can see it in a different way, which does not excuse anyone from penalties and fines.

You should go to the building department and talk to them on this, as laws and regulations change frequently.

Under the proposed rules, which are mandated by the Jumpstart Our Business Startups Act, companies would be permitted to use general solicitation and general advertising to offer securities under Rule 506 of Regulation D of the Securities Act and Rule 144A of the Securities Act.

Check on local rental market and government regulations thereof.

Options are also effected by new IRS regulations and will most likely be seen as and treated as a sale.

I would start with officially notifying the tenants about new ownership and new leases based on your state/local guidelines and ordinances ( you may be able to find it online) In the lease you have to clearly state the rules/regulation and terms of the lease and put the tenants feet to the fire.