This cycle is being impacted by so many influences (world economies, internet sales, warehousing, energy costs, consumer confidence, residential bubble, governmental regulations and taxes, etc., etc.): but, the bigger players have been acquiring portfolios and/or investing for the last two years.

Bill's suggestion will allow you to get favorable government sponsored financing (e.g.

Hi Matthew,As someone who just purchased a triplex with FHA 3.5% down, there are certain regulations for FHA.

Are there any State-level regulation on late fees?

Steve:Sorry I did not get to this last evening as I committed ... it slipped my mind.In our neck of the woods, we have a standard government lease (called Form 6) which, while it is not obligatory we use it, any lease you draw-up yourself cannot deviate or contradict the standard lease ... so most folks use it.The standard lease allows the landlord to attach their own Schedules to the lease ... most notably Schedule A - Additions to the Standard Lease ... this is where your "house rules" are to be found.In our Schedule A, we have a section on Alterations to Rental Property which contains the following clauses:1.The Tenant agrees to use only putty, tacks, pins or finish nails but not stickers or tape as picture hangers. 2.The tenant agrees not to make any additions, changes or alterations to the rental property without prior written permission of the Landlord.

I've been a property investor here for 13 years so I understand the principles of investing however, the market in the U.S. is much more complex than the regulated market here.

You use a pressure regulator on the main to control this.You can buy little regulators that check your faucet pressures at HD.I like the new valves under the sink where you turn it off and on with a simple shut off.

What rules and regulations did you have to follow?

In the name of quicker access to real estate information in the hands of local government folks (register of deeds, local assessor, tax collector, county surveyor and map providers, etc.)

If a new purchase buys it does some things go away with grandfathering with the business where new regulations kill profit and make it cost prohibitive to run??