Does anyone know the best place to find federal and state laws regarding mortgages and renting out?

Trust between a tenant and a landlord is peculiar topic.In my mind, the tenant must earn the trust of the landlord (through credit check, background check, verification of employment, verification of current residence, etc) before the landlord can trust the tenant with the landlord's property.The only thing the landlord owes the tenant is that the landlord will abide by the lease and federal/state/local laws.

I still adhere to all the usual tenancy checks and screenings.I totally agree with the statements about looking for higher class tenants HOWEVER Las Vegas is a different market and my property is near Downtown in a low socio-economic area.The A++ tenants with college degrees aren't looking to rent in this neighborhood.I am personally dumbfounded by people who don't have a spare $1000-$2000 tucked away however my experience in the USA, what I've read and what I've been told shows that many people are living from paycheck to paycheck and don't have any savings.5 of my tenants in the USA get disability or some sort of monthly check from the government.

Not really a quick and easy answer on this one other than saying the government intervened via the S.A.F.E.

Many state and federal laws exist where they can simply steal your property under the guise of public safety.

I've always ever heard a WOB was useful for getting government and other large contracts because they often have a woman and minority quota to fill, but am not sure how it is helpful in REI, unless lenders also have a quota. :) 

However the federal guidelines, "The Secretary of the Interior's Standard and Guidelines" hold for any "historic" property for which you may be trying to claim tax credits on.

E of the federal taxes you can use 75% of the monthly rent amount. 

Managerial level on development/general contracting sometimes has its own frustrating days, I had the trouble of shifting from taking directions to driving the job and doing the books and compliance, though my case is different because we work with governments like school districts that a <100,000 project needs 300-500 pages just for closeout procedure.

All real estate is 'local'.... and the frothier the various markets become, the more 'local' you need to be to find the good deals.Fredericton, NB is similar to Kitchener-Waterloo - steady local economy (government and university with some IT sector) - no crazy run-up ... but no release yet either.