Now, because you choose to avail yourself to conforming loan products and their lower rates you can't sit belly to belly with your banker and change terms on the fly.

If so, you as a landlord should conform to ONLY health code and codes by your municipality.

One of the key factors to being grandfathered in under a non-conforming property is - is the property vacancy or occupied, and for how long?

But that point is mute;  Chicago has lots of older housing stock that doesn't conform to current zoning laws.  

Here's what I did - sometimes stories are better than outright recommendations :)- Search: I looked for properties that were livable with the ability to add major equity (like a bathroom or a conforming bedroom).

Thjs is what I,was asking about and it looks like VA already increased it to mirror fha. https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx

Conforming mortgage interest is calculated on a daily basis.

Those loans were all fairly straightforward 20% down 30 year fixed conforming loans.

Because you'll have to get a commercial loan vs. a "conforming" fannie mae type loan that you could get in your own name.

Conventional loan:  A loan that conforms to the Fannie Mae and Freddie Mac rules.