"Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer:A transfer of the property (or, if the borrower is an inter vivos revocable trust, a transfer of a beneficial interest in the trust) to a limited liability company (LLC), provided that the mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence)."

It's like student living but without students, they require a certain home layout to become a host.

Recognize Local rules: Become knowledgeable about landlord-tenant legislation, local rules, and any particular requirements pertaining to real estate transactions in the desired market.

It all depends on if the company requires a shut off to turn on in someone elses name.

They are waiting for the new law requiring full building Architectural Inspections for 2025.

There's no two year requirement for a 1031, but it's true that you cannot do a 1031 exchange on the house flip.The property must be intended to be held as an investment for a qualify for an exchange.

Also have a requirement for previous landlord or home owner ship.  

some states require that you pay the loan in full prior to the auction if you want to keep the house. https://www.nolo.com/legal-encyclopedia/summary-alabamas-for...Reinstating the Loan"Even though Alabamalaw doesn't provide a statutory right to reinstate the loan before the sale, many mortgages, like the uniform Fannie Mae/Freddie Mac mortgage, allow the borrower to complete a reinstatement.Check your loan documents to determine if you get a reinstatement right and, if so, the deadline to complete one.

I understand this site caters to USA, But I am interested in Europe.I require someone knowledgeable on European laws, etc.. and how to figure what I shouldRent out the property for weddings.At the moment looking at a French ChateauReception Rooms: 6Bedrooms: 24 Bathrooms: 23 Land: 152 acresAdvise.Thank you for any help.

@Nolan MahoneyYou might already be aware the City of Elgin requires a landlords license and a mandatory Landlord Training