If the by-laws in a private community state that you cannot run a business from your home, does renting that home constitute a business?

Besides, they probably know the laws and can screen new tenants better than you.And lastly, addressing this to the turnkey operators who are active here on BP, and without naming names, how long have you been in business?

Hi, I have a brother-in-law and unfortunately he's going thru the whole separation/divorce.

You are considering doing something that may violate Federal securities laws and your state securities laws.

Without proper reserves to handle a big-ticket item, an investor is asking for Murphy's Law to kick in.

Check your state's laws and see what he is and is not able to do without a licenseCheers,Kenny

From my understanding its illegal to pay not licensed peoples a commision on sales but you can pay him to do a specific task like seeking out properties like a assistant but you can't pay them based on commisions but take a look at your state laws on that.

If I understood you correctly you are just describing the property that is currently on the lot - this does not mean that the lot was zoned strictly for multi-use.

- Get some local REI guys lease crafted per local laws, not the off the internet lease.- Use postlets.com to push to every rental site except craigslist, and craigslist, lots of pictures are a must these days.

Other than reading articles online, base from experience of real people, laws, and how terms are applied in real life situations, i find investopedia.com to be a good guide as well for explanation and definitions of terms in RE that you might find difficult to understand.