Where it comes into play here is the older buildings with asbestos pipe insulation, or asbestos in joint compound and window caulking.

Quote from @Chad U.: Quote from @Chris Seveney: Quote from @Don Konipol: TOP TEN EXCUSES (I’VE GOTTEN) FOR NOT MAKING MORTGAGE PAYMENT10.

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd house hack, you can use conventional and the rules that I mentioned above will not be a concern.

As far as your expenses when a tenant moves out, how much would u say you spend?

I will be back to Yokosuka by end of this month.George Calbert I hope u see this thread as well.Thanks and regards.

Should we do a joint bank account with the funds?

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd househack, you can use conventional and the rules that I mentioned above will not be a concern.

but only you know what's best for your property/neighborhoodif u don’t mind- what kind of wording did you use for number of visitors?

On your personal joint return you have 2 x $20k = $40k loss.Bad news:You may not be able to apply your $40k loss to your income in the current year.

You know as well that joint venture and share option to purchase allowed to get fund and build, rent, and generate a cash flow.From the point of multifamily/condo hotel in a small version people became more attract.