., the 12-month occupancy requirement for a Primary Residence), andThe Servicer notifies the original owner or natural person that the Mortgaged Premises transferred to an LLC/LP must be transferred back to the original owner or natural person prior to any subsequent refinance or modification application to meet Freddie Mac’s underwriting requirements

-Has no crawlspace (common for older properties) so we couldn't see the foundation-Drywood termite/wood decaying fungi damage seen on all the windows/doors/parts of the beam on the exterior, parts of roof decking and rafters in the attic-Old leaks/moisture damage seen in the ceilings and attic-Parts of the roof has patch work-Roof doesn't have any permits on record (don't know how old it is)Seller's offer to me:-Fumigation treatment for drywood termites (tenting the house)-Replace and repair all damage wood throughout the house-Replace the entire roof with a new permit-Replace one window in every room (not all)-Pay for a structural engineer to inspect the foundation-Offer to get quotes for repairs and have a 15-20K budget to make all repairs, house is 500K.

The out of state owner is looking to offload this apartment complex where they have overspent on capital expense items in the last 3 years due to natural disasters.

Don't start making crazy changes when it's naturally slow. 

Create anyway” We cant live life waiting for the next disaster, natural, economic, political, etc.

If you were going to do something cool with that floor space like make space for weights, yoga, meditation or something of that nature it could be a good use and a reason to then go with a daybed, but you'd need to know that that is something your ideal guest avatar is looking for. 

Notice again I said May and not will, because we're dealing with nature here.

Do to the nature of oilfield work, my job pays me hourly + overtime.

This can allow for favorable tax treatment and potential tax deductions related to the properties.Management and Decision-Making: Establishing an LLC can formalize the management and decision-making structure for the properties.

Use them as a guide and let the conversation flow naturally and you stand a better chance of striking up a conversation that can at least lead to a more in-depth discussion.