In an industry where trust and reputation are paramount, RAD’s predatory and misleading policies are shocking.Additionally, I will be explaining to the FTC that RAD’s practices meet the definition of “Deceptive Practices” as per the Commission’s Policy Statement on Deception, which prohibits material representations or omissions likely to mislead consumers.On multiple occasions, I was told there would be no issues in accessing my funds.

Code § 1701j–3 - Preemption of due-on-sale prohibitions(1)the term “due-on-sale clause” means a contract provision which authorizes a lender, at its option, to declare due and payable sums secured by the lender’s security instrument if all or any part of the property, or an interest therein, securing the real property loan is sold or transferred without the lender’s prior written consent; 

Hi all - I'm looking at purchasing a property in Scottsdale, AZ for usage as an STR. It's outside Scottsdale city limits (Maricopa County jurisdiction) so it is not subject to Scottsdale's restrictions.It does, howeve...

Stack, a fact which should come as little surprise :) An eventual future bill now seems likely to prohibit conversions in Union City alone. 

I was considering throwing them some cash out of my self-directed IRA, but now I'm wondering if, since it's not a loan, per se, if this might be a prohibited transaction? 

El Dorado County prohibited this, though it seems there are "creative" ways to work within their framework.

Obviously, it’s better to have the units submetered, but I know sometimes it’s cost prohibitive.

The reality is we'll likely face the hardships of a (significant) decrease in spending and overall policy will be prohibitive at first.Feel like things will go 2 step backwards, 1 step forward.

If the covenant specifically prohibits renting out rooms or STRs, you may be restricted from doing so.You should carefully review the covenants tied to your property to understand the specific restrictions.

The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.