A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

People on here give incorrect legal advice.

Are there any big legal things here that I need to be aware of?

In prison 100 should go a long way...But if I contact him, ask him to sign the Warranty Deed, and he says No, does that open up another legal route, or am I widdling away my chances with every contact to him?

Here is the info:Tenanted duplex with 2 2br/1ba units, both tenanted and renting for $600 each.Financing is via private loan at 4% interest only payments and final balloon payment at end of term (5 or 10 years, tbd)Asking price : 57,900 ***note: following numbers are assuming the seller's asking price, which I would NOT offer***Est'd ARV: 60,000Est'd rehab cost: 15,240Closing/Legal cost : 1,500Down Payment : 17,000Total cost of project : 70,400Total borrowed amount : 53,400Total Gross income : 15,880Total Expenses  : 9,054Net Operating Income : 5,478Annual Debt Service : 2,136Cash Flow : 3,342Even with the over-market asking price, this property is already cash flowing.

One issue will be if you are buying a townhome or condo in those areas, most are legally structured as condo's and FHA has restrictions on condos will limit the developments you can purchase into the ones they have already approved. 

One thing to check is if it is legal for a two unit.

I am looking at using advertising space at a heavily frequented local spot, and I want to make sure I avoid any legal ramifications. 

I am looking at using advertising space at a heavily frequented local spot, and I want to make sure I avoid any legal ramifications.

Anyone know the legal bedroom limit for student rentals near university of Windsor?