The footprint of the building is about 1600 sq feet, so I think I may be able to put a couple bedrooms up there, making a third floor.

That's why I was leaning to foreclosures so I can do full cash (heloc) purchase.The other part I need to get more fluent in is how to document all of those action items in the LLC to keep the corporate veil. 

This was my third BPCON and certainly there were a lot of logistical challenges for this one. 

This approach allows me to structure deals that benefit all parties involved and unlock unique opportunities in the market.I'm eager to connect with fellow investors, share insights, and explore new opportunities together.

Unless your agent is affiliated with a small Firm or works in the same local office as the listing agent, the odds of them knowing each other and having already shared info about either party with each other are pretty slim.

Putting five unrelated occupants in one home means five cars parked outside, five different group friends visiting the home, increased likelihood of noise or parties, and other problems.Personally, I have pretty strict requirements when three or more unrelated people are renting together because of the potential problems.

Selling it to a 3rd party and then to the IRA is still prohibited. 

While I have done a decent job in my spare time building a mailing list of interested parties (including a great survey that has taught me a lot about what buyers want there), I fear that not being on the ground there would hold me back.

Quote from @Joshua Thang: Yes 2 closets, minimum height requirement met, it's bigger than the bedroom than the other rooms that was considered a room, 1 window, and 1 door.Personally, I'd have the loan officer do an onsite walkthrough of the house and document the third bedroom for underwriting.

@Rob BlockVerifications should be done by the sponsor - they hire a third party. 99.9% chance none have done it because in the past they have not had too.