Call Doug Mertes at CPM (actually now Wistar Group) to at least chat with him.  

Be sure to speak with a tax professional about the IRS requirements of this as you also don't want o violate the mortgage occupancy requirements.DM us if you'd like to chat about all this in greater detail.

It is effective Aug. 1, 2024.This ordinance is referred to as the Source of Income Discrimination Ban Ordinance" - which is identified in File #231019 and amends sections of Chapter 38 (Civil Rights) and Chapter 34 (Health and Sanitation) in the Missouri Revised Statutes for the purpose of classifying source of income as a protected trait in regard to housing discrimination.Here are some key takeaways from the attached ordinance:This ordinance bans discrimination against tenants based solely on:Source of income from an occupation, including gig work or paying rent in cash Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security Poor credit score Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial) Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)The ordinance also requires the city to proactively scan for rental ads using discriminatory language like "no Section 8" or "no past evictions".Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.

Please DM me if you would like to chat on our current projects  in those areas including market conditions, leads and lead generation.   

Happy to chat about the various resorts, home types and help you compare ROI.

I'd love to chat about certain wholesalers and the new wholesale law here in Oklahoma!

I'll be in San Diego mid July, lets chat over Coffee!

If you want to chat, PM me.

That's why we state using our data as an outline to build your own for whatever market you are interested in:)Of course, if you ever decide to invest in Detroit...we should chat.

If out of state investing is an avenue you would like to explore further, I'd be happy to chat anytime.