I just want to make sure I am OCD level compliant with all the prohibited transactions.

Next, you could perform inspections and exit any non-compliant or slow paying tenants and renovate those units as your turn them.  

Property managers use regulation-compliant lease agreements, not a generic form from a stationery store.

So the Landlord tried to be accommodating and compliant with the laws and still lost so to speak.

We love all those ADU-compliant neighborhoods in Denver.

I don't use it, but it is there and is compliant.

There is no guru course or system or ploy that I've seen that explains this area to do things "properly" that is compliant with the intent of applicable laws or setting things up to ensure you can actually perform under a contract.The issue really is education and I guess people tend to be defensive when they are told they are screwing up after they went through all the effort they went to in trying to learn something, I understand that.There's more than a million folks out there that need to make money, desperate people, wanting to learn and chasing the dream.

We typically suggest 7-10% for 1sts.Also, you will need to use a RMLO if its owner occupied to keep things compliant.

Mullineaux explores this topic more in a recent article from American Banker where he calls these new regulations an industry shock, “an unanticipated development or event that significantly alters the cost and or revenue structure in a particular industry.”The increasing fixed costs that banks have seen in recent years in order to become compliant with new regulations under Dodd Frank have certainly spurred M & A activity.

Things are very different now and I would have to make several adjustments to stay compliant with the changes they made to the laws.