The CFPB was created in 2011 under Dodd Frank and it is an independent federal agency that holds primary responsibility for regulating consumer protection with regard to financial products and services.

Normally we don't supply curtains or drapes, but we have left curtains and sheers at times when we already had them there and asked the tenant to save them for us if they preferred putting up something different.

And in some states, there are regulations covering lease options.

I'm guessing most flippers (unless they're a larger company) don't have the advanced systems in place to exactly separate out G&A, indirect, and direct expenses appropriately at this level.However, if the mileage is directly related to that exact house (such as driving to the house, or going to Home Depot for supplies) then it is technically a direct expense.

Has any one been in this situation will the rents drop due tu supply and demand.

On equity, that's hard to project with the myriad regulations about what you can and can't do, and can and can't say.

Can they make requirements concerning the loans they hold for sale or the properties they hold, subject to HUD regulations ?

Best thing 2 weeks later he got another one same street same numbers.Your profession will lead to an endless supply of private money.Good LuckPaul

And, you will always have a good supply of eager tenants.

In general, if you can own the property you're better off than just having an option contract (it was pointed out that traditional financing is easier with ownership).However, the property information that you have supplied is insufficient to determine if the deal is a viable investment opportunity.