@Tim C.To draw a distinction- A hard money loan is different than a portfolio loan.  

From a safety and liability standpoint, every old house has mold but it depends on whether it's at a dangerous level (air quality test).

Is investing in markets not close to home dangerous?

can't find him, sorry.our attorneys on BPand your's trulythere are a couple more that aren't clicking with me, but you won't get the proper way they are to be done in any podcast, unless those mentioned did one and they haven't to my knowledge.Read my blog, how to develop a good BS Meter, a little bit of knowledge in real estate and financing is a dangerous thing!

The whole above grade below grade distinction is based on a couple of factors.

It doesn't prevent you the landowner from liability if you had a dangerous condition on your property.

The ability to interpret regulatory law, secondary law, and regulations is critical to staying out of trouble.The whole point to this post is to further demonstrate the dangers of accepting amateur advice on how to avoid all these new laws.

You must make this distinction.

(whether that be other elements of the business or another business or job entirely...doesn't matter).This is an important distinction.

Danger, Danger, Will Robinson!