We could sell that house by itself, but it would be sold under a land in common agreement and an HOA would need to be formed.I also confirmed with the Public Works department that a 2nd driveway can go in, with a septic designer that there's room for second septic tank, and with the public water company that they can tap into the main water line from one of the neighboring roads.I'm sure there are some more details that I would need to iron out that the code officer didn't bring up, but the high level answer I was looking for is that my town does allow selling off a second house under the LD 2003 legislation.

Let's talk bigger details then.1.

This was perfect and so detailed  

I appreciate the details you added, but I don't appreciate the condescending attitude.  

Happy to talk in more detail whenever you like, I've helped dozens of other B.P. members purchase homes here.Best of luck and thank you for your service!

While there were no major challenges, the deal emphasized the value of thorough market analysis and timing to maximize profits without the need for renovations.

This isn't including other expenses I know but I was planning to self manage the property and hope rates continue to go down so I could refi in the future and gain more margin in rental income.After further analysis and speaking with a friend thats a real estate agent I may want to shift my original plan and sell it.

You need to do a needs analysis of the local area.  

Here’s a detailed breakdown of how rent control impacts real estate investors:1.

If anyone has successfully done this in CFL, please give as much detail about how you did it and how it went.