It may have been voided by subsequent repairs, but wouldn't hurt to find that out.

(Note: These are non-negotiable requirements that must be provided) MBE/WBE/Prevailing Wage: All projects that seek City assistance are required to have a certain percentage of Total Project Costs (TPC) that are being performed by certified Minority Business Enterprises (MBE) 26% and Women Business Enterprises (WBE) 6%, as well as have labor costs that pay prevailing wage as defined by the State of Illinois.

Most states with a license requirement forbid the subsequent sale or rental of an owner build for some period of time.

@Lauren Powell, what vetting does the company you are working with (Velur Enterprises) provide?

Much thanks to anyone who can weigh in with their expertise.Not per se if purchasing existing paper, but the subsequent noteholder may face issues if requirements weren't met at origination.

Purchase price: $140,000 Single family new construction home, 3 bed/2 bath, located in Enterprise, Alabama.

Hi - Any large property managers (50+ STRs) who manage properties for other owners, what is your most preferred PMS? What are its pros and cons for you?

Finally, two other things that you can look into or talk with your CPA to see if there could be any advantages to you (you may be phased out due to income for some) is the Section 199A pass-through deduction, which would require you to start tracking hours spent on your real estate enterprise, as well as the possible CA SALT tax workaround in case you were interested in deducting more than the $10k state and local tax cap for the next few years.If you need referrals for professionals in any of these areas in the San Diego area, feel free to reach out. 

I find the referrals I have given my daughter when they are looking to relocate from LA or a second home have been great.. she has done half a dozen multi million dollar sales then subsequent listings with those leads I have given her.. on the flip side those that want to buy rentals are generally newer and are not really realistic about returns in higher priced markets.. so she has not converted many if any of those.

If you have multiple entities you can get an ID number that makes it quicker to fill out for subsequent entities.