Many investors do this and don’t see issues, but it’s best to proceed carefully and know there’s some risk.You don’t necessarily have to inform the lender, but it's wise to consult a real estate attorney or CPA to guide the process and minimize risk.

In Metro Detroit area, police will not remove these types of occupants (they are afraid of scamming landlord having police remove legal tenants), calling them a "civil matter" forcing landlord to start court eviction process.

-repeat the process every year by acquiring one house every year with the appropriate income qualification

The appraised value seems low and I am trying to understand the best strategy to challenge this value and the cost / benefit of going through the condemnation process. 

Thorough vetting is absolutely essential in private lending to mitigate risks and protect your investment.Here are a few additional tips to enhance your due diligence process-Assess Their Exit Strategy: Whether it’s a flip, rental refi, or sale, make sure their exit strategy is realistic and aligns with market conditions.

Welcome to the community and be ready for a huge amount of information at your finger tips.

My mentor is also willing to act as a sponsor for me so that is a huge advantage! 

Hello,Does anyone know how much it will cost to delead and if you have any recommendations on which company to use that would be great help! We plan to do a lead inspection first but just want to get a general idea of...

The process is broken from the buyers’ perspective. the redemption's in our experience has always been that way.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.