I am considering utilizing a HELOC for the down payment, which would also enable me to implement immediate rent increases to bring rates in line with market values.

They can, and will, do whatever they want, to the point that this entire industry is unprofitable for the vast majority of homeowners.VRBO is itching to see the fallout from this, as they'd love to implement the same types of policies. 

This is good to know, however, vague, and hard to implement it.

Implementing the proper legal and financial structures can help shield your personal wealth, reduce your exposure to litigation, and limit access for potential creditors.

Even if the strategy they teach WERE valid, it still can not be implemented by the vast majority of their “students” because the students lack the knowledge and understanding and experience in real estate FUNDAMENTALS needed to be able to successfully implement ANY real estate investment strategy.  

On principle I don't have an issue with implementing any of those things regulations are in any industry, but when you make them in a vaccuum and don't consider things like cost to maintain and build then its a net negative in my mind.  

I'm new to this so I'm coming up with a plan and strategy to implement the plan. 

If he can help you implement what he's teaching you, and there is a community, then I would think the investment is worth it.Would love to hear if you join and your experienceGino I called him out as a fraud and asked for proof. 

Make sure you're asking about client load, meetings included in the fee, how they stay up to date on current legislation, and strategies they've implemented for clients in a similar situation.

In response to housing concerns, cities across the country are implementing stricter rules, including costly permits, special licenses, occupancy taxes, and in some cases, outright bans on non-owner-occupied rentals.