If you team up with people to do a deal it's much easier to get a conforming Fannie small balance loan. 

That does not happen by accident, you must spec what you want.The wire shelves allow for easier painting on turns, (easy quick) visual conformation that the outgoing renter has not left (a handgun, illegal substances, or a big dead bug) up there.I am not aware of these ubiquitous shelves being a danger to life...Seems like the tail wants to wag the dog here--maybe a harbinger of things to come.Either the renter or you are the boss...maybe a harbinger of things to come.Good Luck!

SFH and 2-4 unit rental properties can be priced from demand and supply and not the income generated as is the case for commercial financing. commercial lenders many times require quarterly financial reporting. conforming lenders dont.i have farting 🌈🦄 NFTs.

I ended up going with a conforming loan with Unity bank.

Yucca Valley is stricter than the County, but there have been new changes in the county and I think the allowance of non-conforming STVRS is expiring.

You can’t get a conforming loan below $50k.

Conforming loans (conventional) will require a seasoning period.

That SFR may be a "legal, non-conforming" residential use in a commercial or mixed-use zone.

Also, since it is new, I have to expect the maintenance fees to go up.Another thing is the building is older and was refurbished so it is non conforming.

From a realtor/buyer perspective, there's nothing worse than going to see a 3 bedroom house and finding the 3rd bedroom to be something too tiny to use, blatantly non-conforming**, or impractical.