Do those "rules and regulations" apply to pet deposits as well?

Come on people,  you and I both know they are trying to circumvent our policies and procedures.   

hi All,I'd like to learn more about syndication, the SEC regulations, what it takes to form the structure, best way to do so etc.Can anyone recommend a good source to learn from?

If you could use some information on analyzing deals there is a BP Free How To Guide for that too.Lastly, as an owner occupied, some states do allow you to put additional limits on who you rent to but it is best practice to be consistent and always follow Fair Housing regulations.

I just moved to the US last year and am a property virgin here.I looked at a foreclosure a couple of months ago and met a realtor there who got me to sign what I know now as an `exclusive buyers contract`, no excuse as i`m a reasonably intelligent adult but he said it was a `no obligation` form and just a matter of normal procedure here and that I could walk away at any time...fast forward a few days and an email copy of what i signed was sent to me...looks like i`m on the hook for 6 months!

There are regulations in place which need to be adhered to and you will need very specific advice to ensure you don't violate any state and/or federal regulations.

Assuming there is no notice of sale (I don't know Texas procedures) you should have time for a short sale, assuming the property is under water.  

http://www.benefits.va.gov/warms/pam26_7.aspThis is the regulation that essentially governs how sponsored-lenders will authorize use of the VA loan.

@Nat Chanbe careful with judgements and liens as they are only properly extinguished if proper court procedure is followed prior to the foreclosure sale. 

It specifically calls out renting for less than monthly more than 3 times a year.It would classified as "transient use" which is not allowed in residential"Residential uses means, for the purpose of these regulations, single-family, child foster home, community residential home, garage apartment, duplex, multifamily, town house, boarding and rooming house, domiciliary and retirement home, and nursing home, which are available for occupancy on no less than a monthly basis, or for less than a monthly basis three or fewer times in any consecutive 365-day period.