Here in MA, new property developments require 10% be reserved for affordable housing, this I am sure is all a matter of location.

I just moved from southern CA to Here in MA.

I always thought I was the only one who did this.Today I was at a accreditation site visit for an institute of higher learning.

Folks with varying experience in both private and institutional markets including a resident retired examiner.

The Safe act, Dodd Frank act, Jobs act, Obama, etc, and some of the other regulations like DFI, Department of Financial Institutions and the SEC.In my state there is no hiding from them in a LLC or LLP.

In the severely depressed markets mentioned in recent articles the home price recovery, institutional asset managers have been buying-up the available inventory of single family homes 'in-bulk' hoping to succeed in the unproven institutional single family home 'REO-to-Rent Strategy'.

As I am currently living in North Grafton, MA I would like to start with something around this area.

I live in CT but have rental property in MA.

The optionor agrees that in the event any lending institution requires an appraisal by a certifed appraiser appointed and such appraisal determins a market value less than the agreed sale price the Optionor agrees to allow a credit of the difference between the appraised value and the agreed sale price to the Optionee at settlement. :)

Now Seller Financed notes aren't my specialty (I prefer institutional), but I do have a lot of friends and colleagues that work in the space.