for investment property using conforming mortgages, yes, 25% up to four, before it was 30% 5-10, bu now I understand its 25% through 10

One side is month to month the other is on contract till next yearMost of mechanicals are goodCondo park is non conforming and it will be in an llc partnership.

I just got a quote today to install a door and making 3 existing windows larger to conform with code.

Dennis, what you describe is known as a "non-conforming use".

They will have their own underwriting guidelines because they keep their loans in their own portfolio and don't have to conform to certain criteria to sell the loan on the secondary market.

Banks that sell all their loans to Fannie Mae or Freddie Mac have to follow the Fannie/Freddie underwriting guidelines (this is why these loans are often referred to as "conforming" loans).

I don't concern myself with conforming to standard accounting rules, so this may be of use to you.

Tenant should also be held liable for any damage caused by their guest's abuse or neglect.If this is your first lease, best to consult a real estate attorney to ensure that your lease conforms to the state law with respect to lead paint disclosures, radon hazard, etc.

Even if you do all the work of slapping up some walls and a door, appraisers are pretty restricted these days and may not add much value to your property for what amounts to a utility water closet.Just a few things to consider...a 3/2 with 3 functional bedrooms and 2 functional bathrooms is typically worth a lot more than a 3/2ish with an attic bedroom and bathroom in the basement.Understood, eventually this would be a 3/2 above ground, and potentially a non-conforming/office with walk in closet, utility room, LR and Full bathroom in the basement when it comes time to sell.

Trouble is, it is zoned single family and has a permit for a non-conforming DUPLEX.