So they legally added a back porch.However, the actual building now has a back "room" which is now a functional master bathroom - so they enclosed the porch, and may have extended the porch, probably raised the floor elevation to match plus a bunch of other things.

This means you become subject to mortgage origination requirements, you may be exempt but I tend to doubt it as most "investing" in notes are not truly passive investors, they are actively engaged in a business function.

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Reserves are typically a function of age and condition of the units.

The illegal addition off of the garage will have to be demolished and reconverted into a functioning garage.The positive part of the conversation is that he said it should take less than two weeks for permits once plans are turned into the city.

Just spent the past 2 hrs going through the search function ready on previous threads and there seems to be a lot of doom and gloom for investors in the area.

We are working through the TTW-like documents and the workflow for investors on our site with the securities attorneys right now and I expect this to be functional sometime in June.We have another deal on South Center that we modified the CC&Rs for that we will extend the contract on and start a 2nd crowdfunded raise on iFunding for in about 1-2 weeks.

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Use the "People to Know" search function on the right side of your screen and look for investors that live near you and connect with them.Welcome aboard.