If you've received your CD, most of the work is done.

Recently, another tenant reported it to the City, and I received a code enforcement letter requiring a permit for the HVAC.

As I know I wouldn't be able to receive a bank loan for a sheriff's sale I'm looking to find a HML.

In San Francisco, renting illegal units is a double whammy as you technically cannot receive any compensation for an illegal space while at the same time you are unable to evict anyone due to the eviction control in San Francisco.

We both want to be equally involved in the rehab as a team - up until he receives his money back after the refinance.

Charge a $100 late fee if rent is not received by midnight on the 4th. 3.

Fannie Mae will allow you to count Boarder Income if you are purchasing a new Primary home, have had renters living with you for at least 13 months, have proof of receiving rental income for at least 9 out of the last 12 months, if you qualify for Fannie Mae's HomeReady program (which is an income limited program, you do not have to be a 1st time homebuyer to qualify for this program).

I rarely see fully transparent posts like this so I wanted to get the numbers out there to receive actionable feedback.

I've received different advice - on one extreme is sell off all your rentals, take the cash and take the capital gains tax hit and invest in stocks/index funds (not from a RE investor, from people I know who are horrified that I have more than one mortgage), which I won't do.

Reasons were many, but financially speaking, I had received a growth opportunity from my employer in exchange that I relocate to another part of the country.