Technically 5+ units is commercial so many residential lenders won't offer financing in house..

I do not believe they do personal background checks though.The difference is in the designations. 

I also have some kind of language about that the house rental is not a guarantee, until the background check is completed. 

So we are having to get creative with fb marketplace and stuff.Even stuff as simple as changing out locks to smart locks can be annoying and difficult if you're as non-technical and non-handy as I am!

My fear now is that by posting it on Airbnb I put it out for the world and I believe technically it can’t be rented separately but zoning said they would just tell her I have a permit pulled or it was just people who are renting my other place on the same lot so basically really no way to prove it.I was thinking instead of a kitchen is just rent it out 3-4 months a year with an outdoor flattop grill on the patio a nice seating area and maybe an outdoor sink.

This period of warmer temps (which is technically not even completely true depending where, how, and who you choose to get your data) has happened before and will happen again.Still, if you enjoy cool. wet weather and Blue politics I imagine that Oregon would be a splendid place to invest.

It's a like-kind exchange so you can technically go from SFR to multi family or commercial since it's under a real estate umbrella.

@John DeanIf it’s going to be owner occupied then you should use a loan servicer as its required by law in most states and for every incorrect statement you send every month you are committing CFPB violations and if the borrower defaults you are technically not allowed to collect interest - in some states if they have a good attorney and default they could wipe you out in legal fees…My bigger question is why would you seller finance?

Hi Jay, that's a great introduction and it seems like you have an excellent background for real estate.I have to say it's surprising, like you said, to see someone focusing on RI vs. other developing markets like OH and FL, but with enough work it's still possible to find something that cash flows here, too.

Technically 2 as you live in one.