First, who collects the rents and distributes payments?

I'd suggest you ask as many questions as you can, there are a ton of people on here who are knowledgeable in many subjects. 

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no un...

You are able to argue this by uploading zoning information from: atlas.phila.govWhen you go on that website you will type in the subject address and go under "License and Inspection" and then Zoning Permit DocumentsIf there is nothing there, try clicking on a "CORNER" property as the mass records for that row or community are usually under the corner property.

Depreciation lowers taxable income now but is subject to recapture at a maximum 25% rate when the property is sold.

Want to take another try instead of attacking me for my view on the subject?

We put “all pets subject to owner approval in our rental listing”.Absolutely 110% charge a $250-$500 (these are the normal ranges) nonrefundable pet fee + monthly pet rent.

I haven't done an assumption on a VA loan, but I have bought many properties with VA loans on Subject To with no problems.

We're considering knocking down the carport and/or putting in another ADU, ideally a 2/1, to bring our comps to 6/3.Has anyone investigated or done this recently, and have advice on the subject?  

there is no bank, no mortgage, and therefore no due on sale clause.if there is a mortgage in place, and you take the payments over, this is typically referred to as subject-to or sub2 and is much higher risk for everyone involved.