Is there a device that can read the electricity used by each circuit, so I can bill back the electricity, based on consumption? 

The White House states that more than 25 percent of the cost of a new home is directly related to federal, state and local regulations and up to 42 percent for some new multifamily constrictions.If the above is factual, then the a dramatic increase in low priced rentals should occur and drive supply up.

Account Closed I was initially leaning more towards no, but heard from a few people that it's a common practice and that it's very lightly regulated which brought me to BP to get additional opinions.

What are Texas laws involving wholesaling? The last update I read was in 2017 when one can operate without licensing as long as the intent is disclosed to the seller. Seems pretty straight forward to me?

To put it in perspective, with $30,000 you could call yourself a hard money lender to people who needed smaller amounts of money... so it isn't some certified / regulated industry.  

Did a lot of research with the IRS regulations, talked to lawyers, title companies, and researched biggerpockets on what to do.

Hi @Steve Morris, The requirement under the Treasury Regulations for 1031 Exchange transactions is that all of the parties be notified that the taxpayer is completing a 1031 Exchange. 

We are already seeing big regulation on housing done in California, Washington and other larger cities/states.

Are you sure you can convert it back based on current regulations? 

I have no problem with a company that makes compliance easier on hosts, who should always be vigilant to act in compliance with local regulations.