I recently had a conversation with my lender and mentioned I would be purchasing a property as my primary residence. 

I had to give 30 days' notice per our management agreement to a client I have 13 units with on Friday after having to hang up the phone on him Thursday afternoon and telling him if he ever speaks to me that way, it will be our last conversation.

However, there are many factors to consider, and I want to ensure that the right people are involved at the right time.The renovations are nearly complete, and I am already collaborating with a condo conversion lawyer to draft the condo filing documents.

And before I reach out to my securities attorney in Portland, I wanted to ask folks here about their experience and recommendations so I can have a more informed/productive conversation with my attorney.I’m so grateful for the replies I already received.

If you don't already know those concepts, start researching them, so you have a good basis for a conversation.

You can also begin a series of strategic conversions of your investment properties. 

Conversely the owner called a vendor the next day and the vendor appeared before the end of the week. 

I suspect those conversations will be in attorney's offices between the two parties.If there is equity to work with, I've seen the hard money lender charge 12% which on a $400,000 property is $48,000 plus closing costs and a much higher monthly payment to the investor.Just a side note to the dear readers: I did not say that Subject To or wraps are to be avoided.

If I were a new investor, I would be stoked to step up and buy a turnkey property, under management, with tenants, and no out of pocket costs because all the work was done previously, at a cap rate of roughly 8%.When I was in Indy I also had the opportunity to meet in person with my realtor, Tyler Lingle, and we had a great conversation about all things RE and Indy.

But, honestly, there's no stipulation for anything like this in the lease, and they're nice people, so I'm just unsure how to go about having this conversation with them.