I will address why I believe this to be true later in the series, but for now, it is enough to know that they remain a viable option.While the following will vary depending on the observer, I define a regional appraisal firm as one that covers a large Metropolitan Area, a State, several States, or all three.

My answer was defining what the true cost was ti the REI. 

While wholesaling is legal in most states, several states have passed laws defining wholesaling as brokering and are requiring a real estate license to wholesale property.

While wholesaling is legal in most states, several states have passed laws defining wholesaling as brokering and are requiring a real estate license to wholesale property.

If it’s a top 20-30 program as defined by the US & World News Report, then I would consider it.

In case anyone wasn't aware, Providence's new regulations on AirBnB and other short-term rentals will go into effect November 30th, 2019.See the short-term rentals page in the City's Planning department website for a human-readable explanation of the changes (complete with flow chart), or the actual ordinances here (defined on pg 20 as "The occupancy or use, for a fee, of all or portions of a dwelling unit by anyone other than the owner for a period of fewer than 28 consecutive calendar days", but the regulations are on pgs 102-103).

Which as I would define based on the verbiage of the contract the "option fee".2.

Reasonable is ill defined within the Act's wording. 

These factors are part of defining affordability in terms of operational costs.Reducing Op Ex should start with Project Design, which should include a deep dive into running a cost benefit analysis on energy efficiency for the items noted above including considerations for the building envelope, insulation, window/door package, framing and lighting and water consumption.Actually attaining any or all the of the goals noted above generally comes at a cost that typically falls on the developer which sets up an interesting conundrum for the developer.

Generally speaking there are 2 types of loans for us investors:  Conventional and PortfolioConventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).