Think about the tax question this way: Suppose you were designing a system to fund the operation of the government.

I know there are areas where the local authorities set regulations on property owners to discourage boarding houses and vacation rentals.

I'm guessing they only regulate consumer loans so it won't affect the type of loans discussed here.

Some linkshttp://www.shearman.com/JOBS-Act-SEC-Proposes-Rules-Allowing-General-Solicitation-and-Advertising-in-Private-Placements-Under-Rule-506-of-Regulation-D-and-Rule-144A-09-05-2012/http://www.compliancebuilding.com/2013/01/15/crowdfunding-and-the-ban-on-general-solicitation/

That was because some government program (possibly the Veterans Admin) didn't count prepaid rent as an asset when determining whether he was eligible for services, but cash in a bank account was counted.

Originally posted by Bill Gulley:...The overage is more complicated to compute than two months, but about +3% as I recall, so it's close........Bill Gulley - it's a Federal regulation I believe that sets the "low water mark" for escrow as 2 months worth, otherwise unscrupulous lenders could sandbag many months worth of payments "in escrow".

hi RussellThank you for your reply.Hmm, I am looking for real estate rules and regulations and what to look out for when being an agent.

You do not want to order any vendor services or spend any dollars until you are in contract, since said contract will stipulate these things and govern the transaction.

Memphis has also a highest number of BBB property managers per millions residents.I put Huntsville, AL in the list because I have a house there.Lesson learnt: Huntsville was very promising city in 2009 after the BRAC 2005 (Base Realignment and Closure).Milken institute - ranked it the 8th best performing cities in 2011.Huntsville has a lot of governmental jobs which stabilized the economy during the crisis.Huntsville has not natural edge and has a very good roads therefore there could be a risk of overbuilding.A congested city has higher chance of house price increase in case of population grow compared to a city which is far from congestion.In 2012 the US government cut expenses and this has been reflected in the Huntsville economy and real estate market.

Between the Federal Government and the State of Ct., the tax on gas per gallon is 70.3 cents.