I don't know if the property was originally built as a 2 bedroom and somewhere along the lines another bedroom was added but not recorded for whatever reason.I had to file revised plans for my own property when I found it was not in accordance with county records and the changes would have to be approved.

Target "built as" mulit family.

These homes were built 50 years earlier and originally sold for $10,000.  

As a 40-year-old Australian investor, I've built a strong real estate portfolio focused on the local market.

These properties are in the B to A class range, 2002 built so this is the first time needing an AC system replacement.I am curious what everyones thoughts are here, would you go with the nicer system since you will have the property long-term, or is the $1,000 cost difference too steep for you?

In 2020, I built under $200 a foot with long-term rates in the 3's to get 40% ROI.

Usually, after the first deal, the trust is built and we just ensure we keep building on that trust.If lenders do any other investigation on their end, they are welcome to, but I've not had anyone share anything that they've discovered that was of a concern.

Anyone know of a home owner's insurance company covering Lansing Michigan area for a 4 unit with additional accessory unit for a rental built in 1917 ?

There is a benefit for having most of that built into the association.  

I have a land loan that is 1 mortgage for 2 lots of land and am having trouble with lenders because the home is obviously being built on only 1 lot.