So families who are underwater -- or close to being underwater -- cannot turn to these lending institutions for help.My plan changes that by removing this restriction on Fannie and Freddie so that they can refinance mortgages they already own or guarantee.

One was right on Folsom Blvd...Sacto, Fair Oaks, Citrus Height, N.

For some of my investor clients the limit restricted getting finance with traditional lenders.

Some HOAs have "no rentals" restrictions, and some force you to get their approval of renting or even the tenant.

And, definitely Pacific Heights - that's a landlord/tenant horror story!

What should go into the covenants & restrictions to be filed with the county and what should be part of the HOA?

There is no law on the books with the restriction you indicate in California,and I never heard of one in any state..

I was under the impression that it was the installment contracts that were restricted, but not illegal.

NOW, compare that with MORE restrictive regs later in life,,plus HIGH priced removal stuff.

I had no idea about lease to own problems or rent to own restrictions in MHPs, and even if there aren't it's good to know that there might be.