I know they sound similar but trust me, using Line of Credit will get you to the commercial department and HELOC is for residential homes (meaning your primary home).   

A simple search on the NY Department of buildings and Finance websites will give you an understanding of how many units this house is legally.

Dear BP members,I have a question: I am renting a multifamily unit in New Haven, CT.

There are plenty of le dears on this site that not only will help with real estate investment "your way", but their reputation to lend would be tarnished if they didn't do right by you.Most important, know the people you'd partner with before the money moves.

I would check with the LA City Planning Department. 

Then we just had him split them into 4 separate plans and we dropped them at the building department on a unit by unit basis- when we were finishing up one, we dropped another for approval and went down the line.

I wouldn't spend much in cosmetic department.

I include in the depart instructions to have the used linens washed and at least put in the dryer prior to departure.

I think Rarebird would be doing their members a big service to invite one of the Department of Real Estate enforcement officers to a meeting and explain what is legal and what is not.. and same with someone from the CCB...Having gone toe to toe with those folks and losing  .. and the division of corporate securities and paying fine.Oregon is  tough place to do this the way all the rest of the wholesalers work through out the country.. 

@Jerry Hasts @Ivan Shao Good luck with the UC rent control and building department, to answer your questions, in UC 4+ is rent control and Even if they leave you can only raise the rent a couple of % (if the building is not registered then you have some wiggle room.