Summary: Portfolio product with 1% minimum down payment and no PMI requirement designed to benefit those heroes who serve and protect our communities.

Quote from @Lolo Druff: Just like turn signals, you should always trust, but verify that the seller is telling the truth.Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

Either way, it sounds like significant renovation will be required.

Self-managing the STR has some great tax benefits if you meet IRS requirements.  

Most fail to paper the contracts, indemnification and additional insured requirements correctly.

A license is only required if you are managing property for someone else.

They said that kind of project would basically convert the property to an apartment building and requires R6B zoning.

Hello Scott, developers require a minimum down payment of 30% and the balance in  to 9 months in a pre construction condo.

And we typically only get 4 to 5 snows a year that require the drives to be plowed. 

It doesn’t require you to disclose any personal information. you just have to have sufficient assets for down payment and closing costs usually starts out at about 20% down.