Portland has gone a step further, imposing requirements almost guaranteed to trigger unintended violations.

It means that your 2nd required stay can straddle the new year, and it still counts!

This is becoming more true for government employees clearly given the recent "Use It" act which will require 400,000 government employees to go from a remote to a hybrid role which started in January of 2024 and will continue to ramp up as time goes on (Source 1, Source 2)This trend will continue as companies realize more increasingly they need to be at least hybrid to be competitive.

For traditional loans that rely on personal income and DTI (Conv, govt), there is no requirement that the properties be profitable.

Validate planning zoning requirements and access to utilities.  

Rehab will be required.- you may need to look outside of Phx to markets like Gilbert/Mesa or even Tucson.  

Not sure when you purchased the property, but keep in mind conventional loans require 12 months of seasoning before you can use the appraised value for a cash out refi.

If this is a non QM mortgage they may not be required to. 3.

Hello,One of my single family rentals that is outside of Atlanta, was heavily damage in a fire and most likely would require a full rebuild. 

Will they require all members or just one?