trying to get into real-estate investing and came across this???

[Dylan Bennett]

Hey there I'm just getting into real estate investing and have been utilizing the bigger pockets tool kit to evaluate properties I stumbled across this property in my home state of Wisconsin, and I noticed in the description that it sounds like there are city requirements for the property and was curious what to expect with a property of this type. I thought

this property may be an opportunity for BRRRR but not sure what to expect when the city is involved I've heard of HOA is this something like that?? I also noticed it said it needs to be owner occupied I was curious if this was something you could jailbreak for a year during the rehab phase and then convert into a rental?

[Corina Eufinger]

If I remember correctly Lacrosse's owner occupancy requirement was 2 years (this was about 8 years ago though). The municipality isn't considered to be very landlord friendly so don't expect any special favors or for them to budge. As good of a deal as it may be (which I don't know) if you can't owner occupy it, don't do it. The city will hunt you down like your the next Zodiac Killer and make your life hell.