It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).

A non conforming unit is technically legal but it doesn’t meet current zoning (but possibly was once a legally functioning unit as a residence).

Hi everyone,

I’m exploring a potential investment and would love any insights from those with experience in similar properties. I’m considering purchasing five units in an eight-unit light industrial property struc...

We now live in the a single family "forever home" because we felt the needs to settle with our kids getting older, long story short we want to get into a multi family again. 

Especially in blue states, if you’ve gone through an eviction that generally takes multi months, it’s a clear indication of poor behavior in most instances.

I went through demos of all of those, pulled together our evaluation criteria, etc. and then ended up choosing Hospitable (which we've been thrilled with).Thanks, that makes much more sense and frankly, is a relief (I started wondering if I was missing something, lol.) 

You want to look for an uneven multi to maximize what you can make, if that works for your family setup (how many people are moving with you, if any).

I plan to buy SFH & multi-family houses that I can house hack while I live in them, fix them, then rent them out.

@Eugene BrownTo expand your property portfolio, leverage equity or savings, explore multi-unit and single-family properties, and consider the BRRRR Strategy.

I'm particularly passionate about small multi family.