Does the exemption apply to multi-unit properties since I will be living in one of the units?

There may be some criteria that apply to your situation as well. 

Would love to hear your thoughts on how these strategies might apply to properties in those areas!

@Elias AzoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Want to pull 60000 and use 40000,including paying off lenders, for reno and apply remainder towards next property.

@Harish PasupuletiRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Allen Zhu @Bradley BuxtonRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I spoke with the planner on duty, and the trick is to first apply for a Zero Lot Line (ZLL) configuration.

I understand that you have to apply for state permits for septics, but wondering how many you can install/build on a single property. 

I'm looking to apply these skills to lending/mortgage banking, investment/property management, acquisitions or development.