Property was on market for about 170 daysI originally started the STR plan for tax benefits and plan to do cost segregation as i fall into high income bracket (37%+ 11% state) saving around 50k for 600k property.I have no plan to personally use the property and this is purely investmentI thought i found a great deal because properties in the area are selling for 205-220 per sqft.

. - BUT, it also appears old and probably a symptom of the original house settling.

If this is financing for a stabilized property rate carries more importance but rate combined with origination fees, pre-payment penalty and term in which you intend on keeping the loan in place are all considerations which together should help in deciding the best financing option.

Originally posted by @Brandon Brock: Yes Mr.

You're increasing the need for hot and cold air dramatically and it's doubtful the existing system will be adequate.But, in answer to your original question - yes you will need a permit.

I'm originally from BR and still invest heavily and lend there. 

Originate my construction loan by end of 2025 Q1 for a 21 unit school building conversion5.

Originally posted by @Bridger L Logan:Has anyone else had good experiences with a larger house (5/3, 5/2) that has been rented by the room in the Phoenix area or other hot real estate market areas?

Originally posted by @John Thedford:@Jay Hinrichs may know of them.

For your due diligence, you can also ask to see the tenant's original application and screening reports.