Every adult residing in your rentals should be screened and approved by you.Criminal history is not an automatic denial, but you should definitely consider risk.

Is it legal for a family member to deliver the notice? 

We also have a strict policy that anyone 18 or older living on the premises must be properly screened and approved. 

I currently sit at $258K to go on the mortgage and did this through a small bank, which I believe approved me for such good financing at the time.

With my background in law, currently studying in Indonesia, and my experience as a real estate agent, I’ve seen firsthand the opportunities and legal considerations involved in such investments.

What happens if you have to go get your project approved by the local ANC?

Contact local lenders, mortgage brokers, or even credit unions to understand the current rates and what your approval chances look like.

You should definitely get professional advice all the standards, legal, tax, financial, etc. before you do anything.   

I live in Phx,Az , where should i apply for a mortgage loan first at my local bank (wells fargo) or use a broker, a lot of people here tell me to start with my bank as they have all my info, if i get pre approved anywhere i wouldnt be committed/obligated to go along with the deal right ?

Hey @Dan Fritschen, To keep things above board and clean, id recommend forming a legal partnership or forming an LLC with ownership over said LLC clearly spelled out and open a bank account for it.