You need to make sure the policy/coverage you get is designed for this use and not a standard homeownes policy.The Lawyer and the town can give you an idea of the Modifications you may be required to make due to:- ADA compliance- Fire Code Compliance- other Laws/Ordiances that may be triggered when you move away from a Residential to a Commercial exposure

The one benefit of a semi-locked market is that you won't get left in the dust.

The website is locked. 

Then, when I found something that made sense pull the trigger.

As a listing agent, I let my seller know it can trigger the due on sale clause and they lose control of the home but still responsible for the mortgage if buyer doesn’t pay, so most aren’t interested unless it’s a special situation where they really need out and no real buyers out there.

It can also create an intended lock on these expenses if you're subject to passive activity loss limitatoins.Spread it between your properties.

Our interest rate at the time was still very reasonable and it was something I wanted to lock in from the jump.

For a cleared idea, I had 5 bedrooms l, each having a key code style lock for privacy and security.

Additionally, it's possible that your money will be locked up longer than it would in an acquisition investment.

This is a common scam we have seen all the time on the multifamily side and also tell people to take valuables with them or lock them away.