Seems like a no brainer, but some states amaze me with their regulations.

The proposed so called "relaxing" of regulations still only allows accredited investors to participate.

Thanks for the clarification @Steven Hamilton IIThat didn't sound right to me but I haven't looked at those vehicle regulations in awhile.At least in MA I am pretty sure just having a magnet won't even get you eligible for commercial plates on your car.

Texas is a great state to be an inspector because of the stringent regulations.

Hey everyone, I'm considering a 2 unit property that can actually be 3 units, but zoning regulation for the property (R1 zone) only allows 2 units maximum for how much land is available to the property.

With some of the coming regulations in 2014, making sure details are attended to is a good idea.Speaking on the idea of payment seasoning.

I read some that this type of a "flip" doesnt work anymore because of new regulations, 60 day wait before selling, no assigning contracts......Is anyone using this system successfully?

But who knows these days, with all of the government rules and regulations on everything...

:)Appreciation is the gravy, it should not be the meat in an LO installment sale.To have a lawful and enforceable LO, the option price must be stated as to as a known value, saying the amount remaining due on an underlying mortgage on some future date is not an amount certain and is only set based on future requirements being met by the seller, as their obligation, which is another kicker to toss out a LO as there can be no expectations required by the seller and changing the type of contract.Investors really need to stop reading guru books on LOs and getting their plan off the internet, RE is local and laws are changing, seems like every week.You can't simply read a statute or regulation and take it in black and white as there is the intent of the law, the purpose, how it will be interpreted and unless you have a legal background you are guessing and you'll most often lean toward what you want it to mean, no one likes to read "no, you can't do that".Then you have the risk and reward analysis, slightly out of compliance with a great reward or way out of compliance with a small reward, is it worth it?

Are there specific laws/regulations?