You jump into some aspect of real estate investment and in your first year, you make $50k. 

Indy is hard to define by zip codes. 

Securing a sponsor can be challenging, especially when they have concerns about your capabilities to manage the property and keep it profitable.So, let me share a suggestion that might make a potential sponsor more comfortable:Offer to have them oversee the asset and property management aspects, including the control over cash flow.

Augustine does have an existing set of well-defined STR regulations.I'm not sure about Jacksonville but maybe @Brett Nissen can chime in and educate us?

@Colleen F.The problem is that it is difficult to define what is necessary when you run into this kind of situation.

It does not really define the scope of work, does it?

It would be advisable for the potential purchaser to thoroughly investigate every aspect of the property prior to purchase, including, but not limited to, the location of the property, type of buildings, if any, on the property, determining what, if any, liens or encumbrances exist on the property, and any other facts which may be pertinent to the contemplated purchase.

I defy anyone to define what affordable means in Avon where apartments can run $2000 a month or more.

They provide excellent, practical advice on every aspect of MTRs. 

Section 61-2c-102 broadly defines "Business of residential mortgage loans" as follows:(g) (i) "Business of residential mortgage loans" means for compensation or in the expectation of compensation to: (A) engage in an act that makes an individual a mortgage loan originator; (B) make or originate a residential mortgage loan; (C) directly or indirectly solicit a residential mortgage loan for another; (D) unless excluded under Subsection (1)(g)(ii), render services related to the origination of a residential mortgage loan including: (I) preparing a loan package; (II) communicating with the borrower or lender; or (III) advising on a loan term; or (E) engage in loan modification assistance.