She also explained that her daughter quit her job permanently on like the day after I verified employment in order to go to court and stuff for the kids and so now its like 3 adults and 3 kids suddenly living up there, none of them working.  

and if i got a permanent job in LA i would buy in LA.

Whether or not it is a permanent move is uncertain, but I feel like living in the same area as my investments will allow me to better learn the industry, and once i get real comfortable with everything then i can move where I want.

So ARV means a lot less to me although it is still very important because I need to know that I will be able to refi my hard/private money rehab loan into a perm loan after I'm done.My formula is very simple:1) LTV has to be 70% or better.2) If I were to buy a house and put no money down and then refi it, my profit before vacancies/repairs has to be $400 or more - after I get my permanent financing.

Hello all,Thanks for any help in advance.I am currently making a permanent relocation in another part of the SF Bay area, and it looks like, for the next 2-3 years, will have to rent.

Once they are inside, they are likely to be just as quiet as any other tenant.Summit County, Colorado (birthplace of VRBO) is a good place to study the issues.  75% of the housing stock is not occupied by permanent residents.  

He took a significant loss, we took a small one.If you're planning to use hard money to buy a rental, you will need a plan to refinance into a permanent loan before the end of the term.

There is no permanent exhaustion of all available finance scenarios.

And we dont need all our stuff while living in a non permanent situation, just bare necessities, but thankyou Sylvia for that.

A lot is also dependent on what her condition was and whether a claim could be made that the correct accommodations were made without permanently modifying the building.