Anyway, I don't think there's really any "wrong" answer to this one and advice (like mine) is governed mostly from personal experience. 

Yes Doug, if the oREO/ORE is held by any federally insured institution the requirement is the same.

even if smoking marijuana is legal at the state level, its still a federal crime. try calling a federal agency to report him. that should get him to stop.

One of that of the Federal and local regulations on rehabs have been around for 15 years and NO ONE has been applying them EXCEPT for the new trendy group that keeps us all on our toes...new gov't?!

If you are looking to invest in rentals you should have first learned all the state codes governing your future business BEFORE you purchase.

Reading another forum thread, I started to wonder what are the issues with state-legal growhouses and dispensaries but federally illegal source of income? 

NOTE:  Be sure to bring 'Bubba' with you when you go to visit.It really is amazing how the laws and the government that made the laws are so ridiculous.

The paperwork and regulations are somewhat burdensome (what government programs aren't) and the residents have been a challenge as well. 

I am still waiting (6 months later) on getting my federal return.  

., HUD will state that the broker has a fee for underwriting fee, when in fact brokers have no underwriting fee);Itemizing duplicate services and charging separately for them;Misinforming the prospective homebuyer that credit insurance is required and/or failing to disclose to the buyer that they are earning a commission on the insurance;Mandatory arbitration clauses;Falsely identifying loans as lines of credit or open ended mortgages;Forced placed homeowners insurance (lender falsely claims that homeowner does not have insurance and then gets an undisclosed commission for selling it to them);Repeated refinancing (flipping);Daily interest when payments are late;Excessive prepayment penalties;Foreclosure abuses; andHome improvement scams.A range of state and federal law of laws are available to help attorneys address dismantle the harm wrought by predatory lending practices.