From what I understand it is typically legal in most areas as long as you do things the correct way. 

Sometimes I ask myself, “Am I doing to much” and try to remind myself that this is a place for a tenant (they will not care for it like you will) and not myself... the internal struggles are real, but wealth in real-estate can be created with cinderblocks or stones, laminate or granite... i prefer stones and granite, but as long as we get there why complain...

(This reminds me of "Empire City" except Uncle Max would front the cash for the deal take-down and the fix-up as long as contractors were used to do the work and financial projections were done.

I have sold through Naca I would think they would have realtor referrals for you.. but in my case I think the buyer is free to work with whomever.. in my deals there was no realtor they bought direct from me the seller.PS its a fantastic program for borrowers.. as long as you plan on staying the 10 years and your good with giving back.

@Hayden Hirzel putting your equity to work in a new investment is generally a great strategy as long as the numbers work. 

I agree that you want to negotiate the loan as long as possible. 

I've been postponing this as long as possible, if not permanently. 

As long as the landlord has acted according to local laws, which it sounds like they have. 

This is tough to do by the way because you cannot predict the market but you can make educated assumptions based on what you know.If long term, as long as the cash flow is great, there is no reason for you to be concerned about appreciation for now.

This agreement does not prevent you from making a passive investment in any publicly traded securities so long as such investment does not confer upon you or any entity that controls you, is controlled by you, or is under your common control of 5% or more of the outstanding securities of any such entity as described above.