Make your voice heard - be sure to check your registration status and make a plan to vote this November.

I don't have exact floor plans, so I'm not sure if it would qualify for the 51% apartment sq. ft. necessary for a mixed use dscr loan. 

But we have talked about his plans to move out because I told him I was going to either sell or renovate, and that either way I would need the house vacant by Feb 1, 2025 so I was preparing a Termination of Lease letter and AB 1482 popped up on the "form" from the website.   

And would be an area that people would more like to buy because of the proximity to the city.But I stumbled on some obstacles:* Lenders are not lending upon the dwelling if the dwelling is planned to be demolished.* In Some jurisdictions takes even 3 months to just get a demolish permit (even though permit expediter can be used)* Because of these 2 above reasons, I would have to come with high money upfront as I would need to buy the property in cash.

A loan modification 100% of the time requires money up front and if they do not they can cost you your home if their little "Audit" or plan does not work.

Fairly knowledgeable w USDA rural 502 direct and new to Sect 8 voucher to homeownership processThere is  quite a lot to the process and it does require planning ahead and persistance -but it can be done.

It’s amazing how life can come full circle, especially with your roots in Birmingham, Alabama, where you’re now building out your next venture.Flipping homes is a great way to start, and transitioning into the BRRR strategy for rentals sounds like a solid plan, especially with the growth in select Southern markets.

Plan accordingly so you are set up appropriately. 

So, I would make a firm plan for dealing with this.1.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.