Don't get me wrong, was great city to invest in (I'm a huge fan of the economic diversity in the Metro), however, both Minneapolis and Saint Paul are starting to put in regulations on tenant screening that are concerning to me.

Title - regulated by the state and based on the purchase price3. 

Secured transactions, creditors' rights, bankruptcy, securities regulation, federal tax and trusts and estates should be helpful courses.I did a summer with V&E but can't otherwise speak to Texas.Good luck.          

Doing some RE consulting for a client involved in a value-added industrial investment in Miss.Utility company quoting 65% markup on materials (25% for E&S, 20% for Minor Mat, 20% for Material Handling).Have never seen such a high markup even in unregulated private industry and generally utilities are highly regulated.I am thinking even IRS may have some regulation on how much maximum mark up on materical can be.Please help with your knowledge.

That would make sense but absent that, they have a duty to shareholders and the FDIC (Assuming they are FDIC regulated) to market the property for sale in a reasonable and logical manner.

We have a maximum allowable which aligns with our city regulations.

Does anyone know if there are particular regulations around this?

It will Never happen....lenders have regulations about who they can sell them to, it may be bundled up with other notes and 22 other reasons. 

Future regulations are to provide further guidance for this test.

California is one if the states that has regulations about who can contact a preforeclosure homeowner.