If your other tenants find out about it, they may feel unsafe and decide to leave and you would have to let them based on current law.As with all renters, you have to identify your risk and then mitigate it.

Came out nice based on the aerial!

It's oftentimes the small details that get overlooked - light switches, lighting, trims, closet doors, and if applicable fireplace mantel...Also don't forget about picking a harmonious color palette!

If you have an accepted contract, the only thing I would really worry about is copies of all leases.If you are still underwriting and thinking of offering, the price is going to be more dictated based on your own knowledge and idea of what you can do with the property, versus what the seller financials state. 

To be safe, it’s usually a good idea to wait a bit—most people suggest 6–12 months.Also, keep in mind that lenders will base the amount you can pull out on the appraised value and their loan-to-value limits, so you might not be able to take out the full difference between $2M and $2.5M.Hope that clears things up!

Most of them decided on which block/neighborhood based on their personal connections to those areas.You mention you paid off your HML.

That's according to The Business Journals' inaugural hottest housing markets ranking, which is based on third-quarter listing and sales data from Intercontinental Exchange Inc. 

You can't approve or deny someone based on something that "may" happen.

You’re on the right track, and it’s a solid strategy to start with long-term rentals to build a stable income base.

I signed a commitment to sell based off of those figures.