Too many legislative landmines and severe penalties for Landlord-Sellers who don't jump through all the hoops.

I suppose such legislation might have escaped my attention in the last legislative session but I doubt it.

It is pretty sad how they can legislate away a landlords rights.

Idaho will require a license in the near future as the RE Commission is in the process of drafting legislation 

You have been clear that the end investors are the originators of the notes - only doing 1-2 per year to fall under the radar of the new legislation.  

As for obamacare, I understand that it is a parent's instinct to see to it's children, even into adulthood, but what really is the point of legislatively mandating that health insurance companies allow twenty six year old "children" to be "covered" under their parent's plan?

The other opposition also comes from legislators on the "protect the home owner" band wagon.

It's a problem that is going to be addressed one of three ways: 1) by market operation, 2) by government legislation, or 3) violent uprising.

Here the Government Standard Lease form which most landlords use includes a 7-page appendix containing the key points of tenant/landlord rights and obligations from the legislation and a URL to the entire legislation on-line.Most tenants - or probably landlords for than matter - never read the material, so its presence has no real impact on Landlord - Tenant relations.

Also, you need to worry about the Dodd Frank act and the Safe Act, there is legislation in those that can land you in jail for creating owner financed notes the wrong way.