When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.

The specific assistance organization, the screening of the tenant, the property, and the PM company that should be communicating with the tenant all play a role in the success of your investment in regards to tenants.

If it's a long-term play, the potential savings on PMI with a conventional loan could be significant.Have you compared rates for both options?

Those accounts are shared across multiple properties since guests don't all watch TV at the same time.I've only had one guest not be happy they didn't have traditional cable but that's when I explained football was on YouTube TV and all was well.

Redeveloping into mixed use live/work/play projects has been the most common proposed solution the past few years in my area. 

Building this company with my family has taught me the power of collaboration and the importance of playing to each other’s strengths.

If first time home buyers are having a difficult time coming up with the funds for even the costs to play as a first time home buyer then are the non profits supposed to pay the buyers agent commission too? 

I am a current Senior at Catholic University of America playing Baseball and finishing up ny accounting degree.

I think new investors who post here and take all the feedback as a whole, with a grain of salt, can really put it into play in real life and then discuss with investors at meetups in their area to get over the hump.

Negotiating felt like a game of chess—except I was playing against a grandmaster, and my queen was missing.