When Congress passed the Gramm-Leach-Bliley Act, it created a significant regulatory gap by failing to give to the SEC or any agency the authority to regulate large investment bank holding companies, like Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns.And to doubters that we should have regulations, this paragraph from the same document from the SEC speaks volumes: As we learned from the CSE experience, it is critical that Congress ensure there are no similar major gaps in our regulatory framework.

That was my second RE book, and it's playbook/framework laid the foundation for me.

This is my first time negotiating a deal this size, my first time into STRs, first time likely raising capital, and since it's my first time utilizing seller financing; I would like to solicit any input for the deal framework.

There's a lot more systems and frameworks that you need to set up and a lot less shooting from the hip.

I am laying out the framework for a property management LLC I want to start in the Denver area and I hoped some of you could share from your own experiences the things I should consider or shy away from.I am good at networking and I feel I could quite easily build a base of contractors and real estate agents to help me get my first tenants and services laid out; however, before I sign my first deal, I want to have every contingency planned for.I am working on purchasing a second home that I will occupy so that I can rent my first.

Once I have a framework, it seems like it would come down to discovering deals that fit within it and then applying the persistence / patience to keep putting offers in.

It may pay larger dividends to find yourself an interested investor that needs an assistant and do their grunt work - not just anybody, someone who´s actually successful and doing deals, but still, it´ll give you a structure and framework around which to build your education and experience.

@Brentcoombs from the pics I was shown, it was gutted and all the framework is new.

The MLS databases that these entities are provided get scrubbed a bit, (some information is removed) and then these entities can provide the database to consumers in their own framework.

I think diversifying into areas you have researched that make sense to you (trends, good downside protection especially since we may be later in the cycle here); thinking about geographic and sponsor diversification may set the framework.