That being said, hoping something is not enforced is not a business model I would recommend and you should be able to call your city's compliance/ code enforcement office and ask them.

That's just compliance filing and some emails and what not.

(b) As to any such loan or forbearance of money or credit sales made in compliance with subsection (a) of this section, neither such person, corporation, trust, general partnership, limited partnership, or association, nor their heirs, successors, or assigns, nor any surety, guarantor, endorser, or any other person, firm, partnership, association, trust, or corporation which may become liable, in whole or in part, for the payment of the debt and interest agreed to be paid thereon in accordance with the terms hereof, or any extension, amendment, or renewal thereof, may raise or claim the defense or benefit of the usury laws or any other law prescribing, regulating, or limiting such rate or rates of interest.This section seems to defeat the usuary laws if by contract both parties agreed to the interest rate by saying that no one who agreed to such interest rate shall be able to claim the usuary laws as a defense as long as the loan is for more than 2000.00.I find this particularly interesting!

He assures me everything is fine.

In particular order other investor friendly inspectors I've used and been happy with are:Colby Neal of  Pinnacle Home Inspections, IncChris PerryJim Bobbit of American Home Dream Inspections PM me for their contact infoJust remember their primary purpose is to catch safety/compliance issues and not to advise you on what needs to be fixed, if it's a good deal, or be an expert on any major component of the house.

Compliance is strictly enforced.Read the statutes under the chapters of the property code for landlord-tenant relationships.  

We have always resorted to issuing letters to the code compliance officers and chief of police and being proactive to avoid fines, posting signage, completing routine on-site visits and drive-by's and building physical barriers.

They aren't there to help you, they are there to ensure compliance which can be costly.

Just because you have $400K doesn't mean using it as 20% down for a $2MM purchase is assured.

Seller assures there are no ECB violations; however I'll look for a good home inspector to confirm before having to pay to find out through title search.Is it better to have it used as a duplex with separate entrance, mother-daughter, or apt with separate rec room / storage, <any other idea>Would it have been any easier to evict month-to-month tenants in that scenario?