Here are the Fannie Mae guidelines for legally non-conforming properties:If the Property's characteristics are legally non-conforming, you must:ensure the Borrower executes the Modifications to Multifamily Loan and Security Agreement (Legal Non-Conforming Status) (Form 6275);confirm whether, if fully or partially destroyed, the Property's Improvements can be fully rebuilt to the pre-casualty condition per current laws, zoning requirements, and building codes; and if the Property’s Improvements cannot be fully rebuilt to the pre-casualty condition, evaluate if the as-rebuilt Property will support the Mortgage Loan at the current Tier, and document your analysis in the Transaction Approval Memo.To assess the Borrower's ability to rebuild Improvements on a non-conforming Property to a level that will support the Mortgage Loan at the current Tier, you should consider: conducting a threshold analysis to determine the resulting actual amortizing DSCR if the reconstructed Improvements cannot be rebuilt as-is per current law; the likelihood of a casualty event (e.g., wind, earthquake, fire, flood, mine subsidence, etc.); the percentage of damage to the Improvements at which the Property’s jurisdiction will require the Property be rebuilt to current zoning and land use requirements (i.e., the destruction threshold); which Property characteristics the destruction threshold percentage applies to, such as market value, assessed value, replacement cost, or unit count; for Properties with multiple buildings, if the destruction threshold percentage applies to each building, or all buildings as a whole; the replacement cost to rebuild per current requirements for zoning, and land use; the Property’s continued marketability, and economic viability; the amount and type of Borrower-maintained insurance coverage required per Part II, Chapter 5: Property and Liability Insurance, Section 501.02C: Ordinance or Law Insurance; insurance loss proceeds payout, compared to increased rebuilding costs, including from building code changes, Americans with Disabilities Act compliance, and the municipality's local zoning requirements (e.g., green compliance for new buildings, etc.); the sufficiency of estimated insurance proceeds from ordinance or law insurance and other coverages to repay the Mortgage Loan in the event of partial or full casualty, or condemnation; and for a Tier 3 or Tier 4 Mortgage Loan, if requiring execution of the Limited Payment Guaranty (Form 6020.LPG) would mitigate the risk of the as-rebuilt Property not supporting a Tier 2 Mortgage Loan.

I would not let my tenants sit in a house with no AC for a week in what's literally the hottest period of the year. 

Held at CAPK Friendship House, the event featured local developers Max Becerra and Eric Mora, who presented plans for over 1,600 rental units in projects like Mulberry Village and Mayflower Ranch, as well as a 110,000-square-foot retail center with the area's first grocery store.Significant city support includes a 2.5-mile sewer line and plans to annex parts of the area into Bakersfield.

You can go up top here on BP to the "Forums" tab and then click on "Events/Meetups" and you'll find plenty of meetups depending on what area you are in. 

Add in DLPs misc fees (which I understand, but also get annoyed with), and the reality is more like 3 pts and 13.2% on each transaction.I met a serial entrepreneur at some networking event and we were talking about HML and he made a most excellent point - in what other business can you put out $30k and make $20k in 4-6 months?  

@Shivam Patel, Contributions into and distributions from an LLC are not normally taxable events. 

I've lost $500,000, opportunity cost, time, blood n sweat  . what rei or events allow you to pass down the education to your family as an option?

Gastonia, Kannapolis, Concord, Monroe, indian trail etc. are some of the hottest fastest growing suburbs where there is still room to get a "deal". 

So here’s what I found, an event hall building for sale.

I hope you had a Plan B, in the event you needed to close.