Sometimes, my borrower needs a partner to fund the down payment and other costs of acquisition.Rather, than seek out local investors ( who are not always available), I was wondering if I could solicit investors for shares in the LLC ownership vehicle through crowd funding procedures.  

NOTICE: If Landlord fails to repair a condition that materially affects the physical health or safety of an ordinary tenant as required by this lease or the Property Code, Tenant may be entitled to exercise remedies under §92.056 and §92.0561 of the Property Code.span>If Tenant follows the procedures under those sections, the following remedies may be available to Tenant: (1) terminate the lease and obtain an appropriate refund under §92.056(f); (2) have the condition repaired or remedied according to §92.0561; (3) deduct from the rent the cost of the repair or remedy according to §92.0561; and (4) obtain judicial remedies according to §92.0563.

While the rules here in Canada are not yet quite as tight as the new regulations in the U.S.A. applying a portion of the rent towards the purchase of the home can cause you problems in a couple of ways:1) the CRA may determine your arrangement is simply an instalment sale;2) it could be determined you are giving the tenant / option holder an equitable position in the property.  

With the new closing procedures financed purchasers are taking a little longer to close, so you may be looking at 45-60 days to close from a signed offer.

Some condo associations can and will also regulate whether you can even rent out a condo.  

So my question is - would this be considered a rooming house and if so, are there different laws/regulations pertaining to utilities and zoning?

What is the procedure?

I do know some counties in NC have regulations that one can not bring in mobiles older than 10 yrs old.

In addition, even the worse daily drop, excluding the flash crash which was reversed by the regulators, was in 87 at 22%.  

One of the many ways I use to to acquire properties that have been advertised for tax lien auction is to go directly to the property with the tax sale lien notice.If the house if vacant, I start my search for the ownerI try to make an offer to buy it or control it subject to re-sale by public auctionI sometimes make an offer to buy while doing a joint venture with the seller (I call it a hybrid offer)There are times when the owner just forgot to pay the taxes, or intends to pay them later or just buying some time until the property is sold or refinanced.If it is occupied, I just tell them that as a private service I wanted to inform them that they have rights during the tax sale procedures (I explain their rights and what options they have), many times the owner appreciates this information and may later call you to make an offer.I realize that while on my way to the tax lien property that I will be driving pass hundreds of other properties where I may see a FSBO or a vacant house that might be a prospect for me.I understand the Universal Law a Reciprocity and how it works, to give freely of your service or advise, the law says you will be rewarded sometime in the future when you don't expect it.Helping other is something you can feel good about.Being active in the field is the best way to find good deals (better than letter writing).