So, he will reap the benefit of the reduction in P&I on the loan over time.If he is unable to obtain financing in one year, it would revert to a six month lease and he would be required to pay a damage deposit at that time.I am calling this an "Agreement of Intent to Purchase Residential Property" and not a Lease / Purchase Agreement.

I'm agent in  kentucky and california, finding a deal between 7%-10% in single family residential in louisville, Ky is the norm, in california you can expect closer to 3%-4%. 

By law if I rent more than 6 rooms, I must have a residential manager.

Anyone familiar with the process of buying / selling small residential care facilities (RCFE)? 

@Caley Crossman Several of my clients have successfully used a Self-Directed Plan (RRSP, TFSA, etc.) to hold a mortgage against their own personal residential property. 

Additionally, Fayetteville's strategic initiatives to enhance local infrastructure and public services foster a supportive environment for both residential living and business operations, making it a highly attractive market for real estate investors.Let's dive deeper into this market together.Fayetteville, nestled in North Carolina, boasts a flourishing housing market propelled by its affordability, community charm, and strategic location.

https://www.kbkg.com/residential-costsegregator Great info to share here!

A rule of thumb for multifamily is 40-45% of gross income for expenses on residential rentals (not including debt), curious if there is a rule of thumb for SS?  

We set out 8 years ago to do only new construction residential projects.

Those reasons are:Owner decides to demolish the property, convert the use to non-residential, or convert to a STRDecide to make substantial repairs or renovations.