The rates vary throughout the State because of the different millage rates and tax districts, but in Richland County for instance, the taxes essentially triple once it goes from legal resident to non legal residence. 

FYI - not legal advice.If it's not a formal assumption and it's a straight sub-to, typically the seller remain personally liable for the debt if the investor defaults.Essentially, what can the investor do better than the seller after refinancing the property? 

.: One of the interesting things that occurred in the legal landscape was that in 1978, California's Supreme Court ruled that due on sale clauses in mortgage documents were void "restraints on alienation" and unenforceable unless a lender could show their security was at risk.

A month post closing, the son of the buyer (mother) has written a "legal" request to have us buy him a new refrigerator.  

Pace also has shared his legal documents with the community which get updated.When I joined this lifetime membership I didn't realize how much additional value he was going to share.

Just make sure you do it the legal way.

Quote from @Cheryl Abram: What legal filed docs are LPs entitled to see to help validate a deal's failure?

.: Quote from @Grant Shipman: The Rise of Co-Living: As Airbnb Faces Restrictions, New Housing Models Win in Court 🏡⚖️Across the country, cities are tightening regulations on Airbnb and short-term rentals, making it harder for property owners to operate legally.

It's advisable to formalize the partnership with a legal agreement, ideally drafted by an attorney.

It also has a 2 car garage that was closed in and we will probably close off the door into the main house and finish it into a 1br 1bth.