Hello! I am trying to see if I would be able to use any residential loan package on the following property. It's 2 units, 1 parcel, zoned mixed-use. One unit (1700 sq ft.) is currently leased as a commercial office. I...

There is a strong negative sentiment with current government that will be instantly overcome with new government whoever will be.

You willl most likely have to change to a dwelling fire policy.  

Section 121 will not apply to the gain allocable to any portion (separate from the dwelling unit) of property sold or exchanged with respect to which a taxpayer does not satisfy the use requirement.

Just know going into any builders risk policy, you're going to pay a lot higher premium than a typical homeowners policy or even a landlord/tenant dwelling policy, and most of the time you'll be getting a glorified ACV policy versus the RCV policy you're used to on your personal home.

Lots of people think that STR is just instant cashflow, but it is fundamentally a different business model.

The state legislation (SB 13) and the local guidelines both expressly distinguish between ADUs and JADUs and state that the 150’ applies to both of them, not just JADUs (“The accessory dwelling unit or junior accessory dwelling unit . . . may include an expansion of not more than 150 square feet”).  

I converted our garage into an Accessory Dwelling Unit.

I started listening to the podcast and got hooked instantly.

Subject to the requirements of the Bankruptcy Code, in the event the Tenant is adjudicated as bankrupt, (or makes an assignment for the benefit of creditors), this Lease, at the option of the Landlord, shall terminate upon 30 days written notice and the Dwelling Unit shall be surrendered to the Landlord, who reserves the right to repossess the Dwelling Unit subject to the applicable provisions of law.Should I follow the steps on the contract?