Bending on the 50% rule, etc. to get offers accepted, or continuing to make lowball offers?

Don't get overly concerned about public liability but you do need to be aware, keep properties in good and safe condition, know the rules and conduct your business with attention to details and you should be fine and carry insurance....And I believe Texas has an LLC that limits liability to a subject property safeguarding other business assets, which is unique, I suggest you simply form your business in Texas.

our board came new rules and regulations without a vote of the association members.

What could be the best way to get involved where I ain't breaking no brokering rules and protecting myself from getting paid?

This is the first deal I've seen in my area that comes close to the 50% and 2% rules.

Always keep the pareto principle 80/20 rule in mind.

Search terms like Cap rate, Cash on Cash Return, 50% rule, 2% rule, APOD.

I don't know the rules in your state.

-Steven the Tax GuyYour guide to IRS laws, rules and regulations.

The default rule is that contracts ARE assignable, but the actual terms of a contract always trump the default rule.So, the answer is: What does the contract say?