:shock: Best Wishes,Daniel

Today I went and looked at a Hud home the weird thing is its a four bed room home split into three units It looks like a regular house but has two doors on the right side there is also a small building on the property I talked to the realtor thats in charge of the house and he said that its a fourplex :shock: and that he had never seen anything like it before.

I'm really shocked at that price in that area, I know a few people that have spent double to triple that price in that area for lot only.

:shock: But I will educate myself thoroughly

*******But this is the kicker, and i need some real advice on this:apparently there was a revision to the association bylaws and they no longer let any owners rent out their units if they purchased on 6/2005 or later. everyone else before that date is grandfathered in so they can continue renting.NOBODY told me about this. not my relator, or my attorney. i even asked my realtor about rents in the beginning because i wanted to make sure it wasn't a co-op and the seller's attorney said renting is fine.so you can expect how shocked i am when i went into the office today to receive my new homeowner's welcome kit and she mentioned the new resolution to disallow any renting of units. she said my realtor and/or my attorney should have made me aware of this.i feel like i got majorly screwed. what am i going to do with a 2BR/2BA living by myself?

Additional items required at this stage include a project description including amenities, preliminary site, building and unit plans; rough, estimated project costs; and environmental reports.

Not only will you be shocked, you'll be more than impressed by what I can accomplish.Kind Regards,Dave TottenMortgage Specialist

:shock: I have wholesaled properties without using my financing when I had no money and no time.

8a. what will the economy support here8b. does the FLUM allow that zoning8c. if so, can we make the required density, buffers, and other stipulations in the zoning code.9. preliminary layouts using the above info and end product type decided in #810.

If they anwser with a gasp or a look of shock and awe, then I explain that I do real estate to put food on the table and that with all the risks involved that is the most I can give.