If it’s tied directly to the lender as part of your mortgage agreement, you’d probably need to negotiate with them or refinance with a different lender who doesn’t require that restriction.However, if the restriction is part of the property deed itself and was placed by a previous owner or another party, it can be more complicated.

This can be a good place to invest and would be happy to chat with you about it. 

Hi Raul, You have come to the right place, welcome to Bigger Pockets! 

If you really like the place but you feel that it is priced too high for your budget, instead of saying “it’s priced too high” and insulting the seller, simply say “I absolutely love your place; it is exactly what I want, and I’d really like to buy it.

You came to the right place to learn more about real estate investing, Zach! 

That said, it is a great place to invest and there are still plenty of good deals despite the national attention!

Is your place also a studio like hotel room?

We don't know of too many places that offer turnkey properties, so if you have any recommendations that would be great.

Now that Steve has provided you with the right places to look, you will be even more prepared in your vetting the next time.

There are few places that I think have a higher fire risk.