This is who will approve or deny your plans when you apply for a permit.

You also mentioned meters, do you have to separate meters, get approval from the city and pull permits?

Please - do this today: Send her a Notice To Quit for Non-Payment of Rent; you will need to send this to her via USPS with proof of delivery required so you can use it in any legal proceeding.

That is why it is hard to get regular real estate loans on assets valued so low, the cost of the refinance makes it so you are paying higher than they can legally charge you percentage wise.

Purchase contract should show the entire legal as platted.

Of course, every owner's situation is unique and factors like the legal entity involved, purchase date, adequate passive income that can be offset with the cost segregation study, etc., will need to be considered.

I've seen other people in the forum who simply use independent savings accounts but it is not clear to me if that is legal.

In that case, you don't get the next month's rent until the following month assuming you pass in the next month.Upon approval, S8 will tell you and your tenant what S8 pays and the tenant's responsibility. 

This doesn't replace the need for a MSA that will capture additional clauses needed on a Contractor-SubContractor relationship, this is just a project specific form you would use in addition to the MSA (prepared by your Attorney):This template is for informational purposes only and does not constitute legal advice.

Hi @Justin Snead, I would say just make sure wherever you take the pre-licensing class is IDFPR approved.