Often the electrical system in them are inadequate anyway and you could start flipping breakers, and having other problems.

., there should always be a required renewal at least every 5 years where the cosigner must agree in writing to continue cosigning the loan, and if they don't agree, the primary can either take it on himself, get another cosigner, or the balance freezes, no more debt allowed, and it must be paid down by either primary or cosigner, either monthly or all at once, until at $0 balance it is automatically closed.

If they say it was an oral lease, or they can't find the lease, then the REO lender might have drawn a new month to month agreement, rather than choosing to evict them.

Best to check local zoning first, though.But if I had a tenant renting out part or all of their apartment to a third party, I'd have a big issue.

Note there is absolutely no exemption for very small operators.The CSBS is stating orally that chattel lending on manufactured homes is not subject to these proposals, but we have all seen how that went with the SAFE Act and the Dodd-Frank Act where the same oral assurances were given to MHI.For those of you with your head in the sand about getting compliant with state and federal laws, regulations, and rules, please note the CSBS states the current rules (which you are ignoring) aren't strong enough.

Feel free to reach out to us (any or all) if you ever need anything...or just to grab a cup of coffee and talk about our favorite subject: Real Estate.

Plus you can have the other uint(s) pay for some or all of you mortgage and some of the expenses as in tax, insurance ect.

So, if we had a renter lined up we could conceivably wash out some or all of that payment as well…………also calculated at 75% of the lease rate.

If you were to sell in a down market you could easily lose a portion of or all your principal pay down.

without knowing anything i am going to reccomend you change it all becuase you are already doing it and its cheap.1) go buy a handle remover and a stem valve socket wrench, and a valve sea wrench. also get a towel and phillips.2) Turn off the water to your house and the hotwater outflow on the waterheater. then turn on the sink.3)use the handle removers and phillips to take off handles. you may need to remove the plastic cover to get access to the screw.4) remove both or all 3 stem valves, you need to find out who the manufacturer ie. pricefister, and buy a valve stem replacement kit (20 bucks).5) replace the seats with the valve seat wrench and then the valve stems. then put the handles back on and your done!