Now, that being said, tenants are to return the property in the condition they received it minus normal wear and tear. 

Purchase price: $390,000 Cash invested: $150,000 Rezoned to allow for ADU and am currently finalizing plans to add a second story and redevelop the 3-car detached garage into an medium term rental with an ADU above the garage.

However, increasing insurance rates means that this shortage is also increasing so my monthly payment is increasing exponentially to accommodate the increase in both my insurance rate and my shortage (my mortgage has increased over $400 monthly in the past 1.5 years because of these factors).TL;DR - Is it normal for a bank to require a positive escrow balance at all times like my current bank does?

@Travis TimmonsAgree 100%.....the way to compromise with my wife was that she wanted a new car.

Friend of mine today said his housekeeper called and said her car got repossessed and had all of the cleaning supplies in it. 

A 3 car garage in the back is just waiting for us to add electric doors and rent it out.

Its not right, in my opinion, but it sounds normal for this area. 

After the 12 months payments above you qualify for the exception so you're back to regular/normal LTV's which depends on your occupancy  - second home/primary/investment - it all varies. 

Quote from @Carly Cohen: Kristi-I read your book, I love what you’re doing with apartments and hotels.

Let’s start with a few notable facts:26% of all renters in Worcester and 17% of residents citywide don’t own or have access to a private automobile.In downtown Worcester, 41% of renters and 38% of all residents don't have access to a private vehicle.Buses in Worcester became fare-free in 2020 and are currently slated to remain that way through June 2025.It's challenging to charge an electric car if you live on the third floor of a triple-decker and don’t have access to a driveway.Do people choose not to have cars?