Many of the neighborhoods which intersect with downtown are experiencing waves of new residents looking to join in on the action. 

,I have sold and been managing properties that are near the MIA and haven't had any complaints from residents who are living in them.

This section asks you to list all properties you currently own and what you owe on them.and includes a full page of boxes to fill in such as Property ValueStatus: Sold, Pending Sale, or RetainedIntended Occupancy: Investment, Primary Residence, Second Home, OtherMonthly Insurance, Taxes,Association Dues, etc. if not included in Monthly Mortgage PaymentFor 2-4 Unit Primary or Investment PropertyMonthly Rental IncomeCreditor Name Account NumberMonthly MortgagePayment Unpaid Balance To be paid off at or before closingType: FHA, VA, Conventional, USDA-RD, OtherCredit Limit (if applicable)It doesn't specifically ask who's name the loan is in.

They cited insurance reasons, which could very well be true, but many residents felt it as a big "f you" Now folks from outside the community could argue this was an entitled stance from the residents, to feel they had access to this private land when they didn't, and that on the face is certainly true.

Investment Info:Single-family residence buy & hold investment in Valdosta.

However, you can defer taxes under §1033 involuntary conversion if you elect to reinvest the proceeds into a similar rental property within two years (three years if the government condemns the property or threatens to do so, and four years for a principal residence in a federally declared disaster area).To reduce taxable gain, consider:Electing §1033 treatment and reinvesting the full $300K into a new rental property to defer taxes completely.Partial reinvestment, where only the portion not reinvested is taxable.Properly documenting all replacement costs and property details to ensure IRS compliance.Using cost segregation on the new property to accelerate depreciation and offset future taxable income.Since the §1033 election must be made, consult a tax professional to ensure compliance and maximize deferral benefits.This post does not create a CPA-Client relationship.

Investment Info:Single-family residence buy & hold investment.

Personally If you like your current residence and hope to stay there long term I would forgo major improvements on my primary and use all investment savings to make you more money and cash flow. 

Investment Info:Single-family residence buy & hold investment.

I was just looking into this, and it seems that Oakland will only allow ADUs on properties with a single family residence (not multi-unit properties).