The note investor who thought interest is paid on the original principal rather than the unpaid principal balance.  

If I was the originator on this loan (loan officer, lender, or whatever title is used), I would have made this restriction very clear to my borrower if they had explained that they wanted to eventually use the property as a rental.

@Bracken Bjorn The answer is in the local data...and the data might look differently to you than someone else...it's really about your goals, tolerance for risk, available resources, and personal preference...

But I did the install myself, not everyone wants to or can, do this.But in answer to your original question.....it is a solid NO.

Originally posted by @Corey Slaughter:@Steve Sellers Thanks for the information!

LeadSherpa is a good service i had a lot of experience with if you want to go that route.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

Since it came directly above your apartment, I can assume the leak originated from your unit unless substantial evidence proves otherwise.

By staying informed about market trends and historical data, we can make informed decisions that lead to maximum gains.Analyzing historical patterns is key to understanding the real estate market's behavior.

It's not the data or the asset classes; it's you.You are often your biggest roadblock.Considering this and looking at your journey differently, you can break the stalemate.If you are new and want advice, you must be open to ALL advice, not just the kind that supports your first idea or asset class.

Most brokers set their own origination costs.