A lot of this stuff will be standard per region, some fees are regulated by the state.

You can look to the Treasury Department or FDIC as a regulator with your degree, you'll attend the school for bank examiners in DC and gain the compliance and legal background that directly relates to RE, especially in valuation of collateral.I was unaware of the benefits of having been an examiner until I left FDIC.

I just read a thread where an "investor" suggested that someone way the risk and if the down side could be covered, afford to suffer, to take the less ethical route.Another thread was suggesting that investors just ignore laws and regulations and just go make money, that the chances of getting caught was slim.I'm not really the Mr.

Your not gonna miss $5000 as much as someone would that makes $35,000/yr.I like neds point when you observe it as a long term approach, wheather it be a long term use or if it aids in a sale.Ryan Watson -- actually the IRS regulations were changed in 1986 I believe to specifically "keep down the rich man".

I'll suggest you find a broker, lending is highly regulated.

I own 3 student rental properties in a city in Michigan that closely regulates rental properties.

To abide by any rules or regulations adopted by the Landlord to promote the convenience, safety, or welfare of tenants in the premises to preserve the property or fairly distribute services or facilities."

When I actually looked into the state and county regulations myself, I found this wasn't true.

ALWAYS start reading laws and regulations from the first sentence otherwise you'll be reading stuff that may not be applicable.

William Roberts asside from the regulations from the state is there any service I will need to form the contract like a lawyer or notary for signing the document?