Hello everyone, I have a home that was build in 1929 and in great condition. 

It's not a major renovation but the current condition of the property isn't going to allow it to go VA/FHA.

They'll be able to help and point you in the right direction to see if it's even possible to house hack based on your current position and market conditions.

And while it is not common that you find a $100k industrial building, it is also not impossible, depending on condition you need.But at a high level, there are a few factors at play: everyone needs a place to live.  

Thanks for the notice.Exemption Conditions for Single-Family Homes and CondominiumsSingle-family homes and condominiums are only exempt from AB 1482 if BOTH of the following conditions apply:The property is not owned by one of the following: a real estate trust, a corporation, or an LLC with at least one corporate member.

Often newer investors need to start with properties that are in better condition because they are uneducated and don't know how to handle the different scenarios that may come up.   

I have not done too many deals in your market, and I anticipate things are nuanced depending on the property type and condition and based on the personality of the owner....BUT it is common and customary in my world, which is usually retail/med office, for tenants to have at least some time of free rent during the buildout.We usually structure things as follows, and you can change the number of days around but this is traditionally what we at least shoot for when we have a tenant we are repping.- Lease commencement date is to be the 6/1/24 or when the landlord's work is complete. and we traditionally have penalties in place if the LL's work takes too long and pushes us past our initial timeline.- then we typically have "rent commencement" or when you start paying rent, to be the earlier of either 180 days following lease commencement or when you are open for business.  

Unit was in decent condition so we did a light remodel and relisted.

Both houses were in poor condition. 

how many houses are in good condition?