For a long term investor:Would it make sense if you could buy the home at a steep discount and then let the owner stay rent free for a specific period of time?

That's actually the property ID, it works similarly to an MLS ID but is specific to Redfin to keep track of the properties uniquely.

Then, when they're ready to move in, they could convert it to a residence and remodel the house to fit their needs.I hope @Dave Foster and others can provide specifics on implementing this approach, especially when it comes to the long tax arm of California.

Compare this to other hard money lenders to ensure you’re getting a competitive deal.Reputation: Before working with any lender, it’s crucial to check reviews, reach out to other investors who’ve used them, and potentially even meet with them in person.Experience with BRRRR: If possible, find out if they have experience funding BRRRR projects specifically.

There are specific rules on when rent increases can be submitted for review, but there are no guarantees when they will respond.

Set a specific goal, then work towards it.1.

Good specifics - thanks.3 story "walk up" - like a unit on each floor?

There is a big distinction on the variety of restrictions you need to be aware of with ADUs in Chicago specifically.

If you’re interested in exchanging further insights on best practices or have specific questions about structuring a VA program, feel free to send me a private message.Good luck with ramping up your direct-to-seller leads!

Happy to answer any specific hard money questions if you have them Zachary, thank you.