But it's gotten progressively worse, now the only time he's passed on any rent to us is when we've threatened to report him to the Board of Realtors.

Another key point in loans is that the broker or direct lender will often try and include the costs into the loan, for some this is fine but you are paying interest on that money over a long period of time....FYI

It all stems from an angry neighbor filing a complaint to city and calling the home a boarding house.  

For instance, unless specifically called for in the Articles or Organization, LLCs are not required to have Boards of Directors, Officers, annual meetings, bylaws, resolutions etc.

For BRRRR, the key is ensuring your post-reno appraisal justifies the value for refinancing to pull your equity out.

Are you looking for a turn-key property or something along the lines of a "fixer upper"? 

I'd read up on the city's overall process and decided whether you're on board for their side of things. 

And the rents kept going up.But here is the key.

By securing favorable terms upfront, I aim to maximize my ROI when selling within a 3-5 year window.I believe that connecting with like-minded investors is key to continued growth and success in this industry.

However, the approval process can be pretty tough, especially if you're working on a larger project or have a shorter timeline.Private Lenders: These options are typically much faster and more flexible, which is key when scaling development projects.