Would it negativly affect my mortgage, or do I need to notify my lender at all to build the second home on the lot and then figure out the lot split later if it's necessary for renting or selling the new or original home? 

I can typically find a new tenant to start renting shortly after the original tenant leaves, earning me a little extra money for my trouble.For tenants that can't/won't pay the termination fee, we let them know they remain on the hook for all expenses until a new tenant takes over.

Originally posted by Demond Bradford:Does that also apply to additional mortgages as well???

Create original and valuable content that sets you apart from others in the industry.Don't Just Share Others' Content.

Howdy all,My most recent deal was a home run mortgage note origination.

Originally posted by @Daniel Fitzroy:@Mike G.How does a crm apply to real estate?

Hi Jeremi.As mentioned, you might want to have an addendum to your first/ original property management agreement. 

In my specific situation, the original developer is no longer in the area, and with no HOA or planning and zoning…..what if anything could be enforced against my plans for short term rental?

Oh and the original Incumbent tenant dies of natural causes in the unit one month prior to closing in June which delayed it again.Needless to say...

This isn't including other expenses I know but I was planning to self manage the property and hope rates continue to go down so I could refi in the future and gain more margin in rental income.After further analysis and speaking with a friend thats a real estate agent I may want to shift my original plan and sell it.