Neighbors can tell you a lot about the occupants or even how long the property has been vacant.Regarding Section 8, I would contact the local housing authority to see if they have a landlord briefing which is typically a meeting to discuss the Section 8 program some of the process, rules and regulations and forms.

There is certainly no law or regulation, unless only on in wacky Cali World, that forces a lender to approve a short sale to a land trust.

Do the rules/regulations/laws change when you start working with greater than five units?

Know the laws & regulations (State & Federal) that govern note investing. collection & enforcement of debt.4.

@Lynn M.Obviously laws and regulations will be different where you are, but here a landlord must allow a service or {certified} companion animal.

They are heavily regulated and, on a quarterly basis, they must file what's called a "Call Report."

Be very careful about making new notes or modifications Sam as that is a new loan and then subject to current regulations, so if it's an old note/contract that is grandfathered you don't need to make a new anything, it's a partial release of a guarantor.

I suggest you find out with building regulations as to what will be expected, they could require you to tear something down, I'd want to know that before I bid!

Michael, Bill will correct me if I am mistaken but balloon payments in loans originated by private lenders are no longer legal under the Safe Act regulations.

If there becomes more investor issues in a community or state, I'd say the political aspects will cause more enforcement, look to the SAFE Act as a response by regulators to the dealings in seller financing.IMO (as with all of this rant) what's the risk?