Absentee owners does NOT imply motivated seller right?

@jim @Jim SpatzenfeldundefinedThanks for the real life infoNever meant to imply you can’t use a commercial/non-conforming loan on a residential property.  

Also the neighbor came up with a point on implied easement by prior use.

It seems to imply that there are non IRS federal government liens that can be attached to a property, and if one exists, the government has a full year from the date of sale to redeem that property. 

This generally implies an LTR and has tax implications that are different from STRs.

I think he is implying that utilizing 'velocity banking' he was able to save and paydown his mortgage faster.

Tiny Home: Would imply no foundation therefore difficult permitting from the county and little to no financing. 

But if you are implying that all landlords who own rent stabilized units act like your friend, or that I was implying to use such methods, then I have a problem with that.Besides, you are saying your friend made out very well, so this kind of contradicts your original statement that RS is not profitable.

@Astrid LorenzI'm sorry, I didn't mean to imply that this was a recent change in the city or county ordinances.

This implies that if their lease does not currently indicate that smoking is not allowed in the unit, you cannot change the lease to not allow smoking in the unit.