Then if you got the zoning change approved you will have to make 2 functional units which at a minimum will involve walling off separate sides, adding at least one exterior access point, and a new kitchen in one of them.

Now the heater not maintaining temperature and functioning properly IS an issue.Section 8 inspects generally once a year.

I have not been able to find out any information on what a Reverse Quit Claim Deed is or how it functions...anyone have experience with this or know where I can find out more information?

another niche could be to be small houses, make them nice looking, and focus on making the house extremely functional through using smart, cheap solutions and accessories that make everyday life easier.

You know you're a real estate investor when your friends stop inviting you to social functions because all you EVER talk about is REI......

Exact form and function are the keys.

Use the search function to find existing threads on Nouveau Riche.

An existing multi-unit dwelling could be decreased to a one- to four-family unit.An existing house (or modular unit) on another site can be moved onto the mortgaged property; however, release of loan proceeds for the existing structure on the non-mortgaged property is not allowed until the new foundation has been properly inspected and the dwelling has been properly placed and secured to the new foundation.A 203(k) mortgage may be originated on a "mixed use" residential property provided: (1) The property has no greater than 25 percent (for a one story building); 33 percent (for a three story building); and 49 percent (for a two story building) of its floor area used for commercial (storefront) purposes; (2) the commercial use will not affect the health and safety of the occupants of the residential property; and (3) the rehabilitation funds will only be used for the residential functions of the dwelling and areas used to access the residential part of the property.Condominium Unit The Department also permits Section 203(k) mortgages to be used for individual units in condominium projects that have been approved by FHA, the Department of Veterans Affairs, or are acceptable to FNMA under the guidelines listed below.The 203(k) program was not intended to be a project mortgage insurance program, as large scale development has considerably more risk than individual single-family mortgage insurance.

Sure, many times it may not have turned out real well, but it was functional and worked the way it should.

With the payrolling - it's your employees and you are simply outsourcing all your payrolling functions to the temp recruiter.