Know the laws & regulations (State & Federal) that govern note investing. collection & enforcement of debt.4.

@Lynn M.Obviously laws and regulations will be different where you are, but here a landlord must allow a service or {certified} companion animal.

They are heavily regulated and, on a quarterly basis, they must file what's called a "Call Report."

Be very careful about making new notes or modifications Sam as that is a new loan and then subject to current regulations, so if it's an old note/contract that is grandfathered you don't need to make a new anything, it's a partial release of a guarantor.

I suggest you find out with building regulations as to what will be expected, they could require you to tear something down, I'd want to know that before I bid!

Michael, Bill will correct me if I am mistaken but balloon payments in loans originated by private lenders are no longer legal under the Safe Act regulations.

If there becomes more investor issues in a community or state, I'd say the political aspects will cause more enforcement, look to the SAFE Act as a response by regulators to the dealings in seller financing.IMO (as with all of this rant) what's the risk?

And, while there is regulation addressing what is to be contained in the Letter, there is no standardised government form - at least not that we've encountered yet.

Crowd-funding is still a work in development as far a regulation to be written I believe.

Your idea of stacking people inside is usually regulated by most cities so you need to look at zoning.