https://barneswalker.com/seller-financing-restrictions-under-the-dodd-frank-act/ I understand Dodd-Frank more on how it applies to "traditional" lender financing, but if you have any specific questions I'd be glad to help.

However, damages, fees, or costs are not recoverable under this section against a retailer who has, in good faith, engaged in the dissemination of claims of a manufacturer or wholesaler without actual knowledge that it violated this part.(3) In any action brought under this section, upon motion of the party against whom such action is filed alleging that the action is frivolous, without legal or factual merit, or brought for the purpose of harassment, the court may, after hearing evidence as to the necessity therefor, require the party instituting the action to post a bond in the amount which the court finds reasonable to indemnify the defendant for any damages incurred, including reasonable attorney’s fees.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

Any other red flags you can think of from a tax or legality standpoint?

They are sometimes more restrictive than state laws.

The other area that tends to bite us in the *ss is not doing real technical and legal due diligence on your PMs and GC.

Before making the plunge, I highly advise you to consult with a cross-border tax & legal specialist to determine the best entity structure to use.

Obviously not legal advice.

Not to forget on the legal authority that you will need to maintain at the property that you manage.

It means you can't reject an application based on their source of income, as long as it is legal and verifiable.