Hence why I say, "the only ship that don't float, is a partnership!!"

Hi Everyone,I'm playing with the idea of building a Shipping Container Home around Asheville, NC.The plan is to either hold it as an STR, or to sell it.The question I have is regarding Mortgages:* If I hold the property for STR, I will want to be able to Re-finance my money back out (BRRR Method)* If I sell it, I will want to make sure a buyer will be able to take out a mortgage for purchase. 

When I finished my closing There is an attached rider ( 1-4 Family Rider, assignment of rents) to the deed stating that Covenant Item 6 of the Security Deed is deleted.

The loan officer can tell you all day long they will release a property if you wanted to sell it, but servicing and back-office people often find other covenants in the loans to stall a release.

Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.

Have you seen the actual covenant document prescribed by the county?

.- **Excludes dissolutions outside of Nevada & Wyoming, as well as any state filing fees or shipping costs.If your goal is to have more 'write-offs', then the solution isn't necessarily to have an entity.

If you know what the repair is one of the ways to save is use a local handy person and/or ship the part ahead of time.  

Take in-place leases and expenses, forecast stabilized rents and expenses, understand the financing requirements (LTV, DSCR, reserves, net worth, liquidity covenants, etc).  

So many houses have HOAs or even covenants.