I know certain states have enacted regulations against wholesalers requiring them to acquire a license and I can’t seem to find if Kentucky has become a state like that yet.

So I don't exactly see the benefit of having that money tied up in a government regulated account for the next 19 years after we retire early.

Just be sure you're abiding by the tenant/landlord rules and regulations in your state.

@David Barnett I called the city of STP yesterday to get a feel for the city's regulations and they didn't mention any proposals for new restrictions.

Assignments of contract are what some cities and states have created regulations and restrictions on.

Based on local regulations and city codes, I'm limited to a 2 bed/1 bath/no garage home.

In Alabama, the Alabama Uniform Residential Landlord Tenant Act allows us to have separate Rules and Regulations that are not part of the lease. 

There will be some uneasy years between now and then as the city figures out how (or if they want to) handle the homelessness issue and hopefully business regulations will relax (but if not, there are other less-friendly cities that're still growing), but I'm still bullish on the long-term outlook.

The deposit is typically owned by the tenant (until lawful deductions are made) & there will be regulations protecting the tenants’ rights.

Even if you are going to do a long term (over 30 days) you also have to adhere to the number of unrelated people living in a home per county regulations.