I suppose here is a good time to ask you all, the “more expert than me-s” in the thread: on a scale of “5% return standard deviation bond market” to “15% return standard deviation stock market”, where would you put the unleveraged, post expense rental income of a well managed (aye, there’s the rub) SFH portfolio?

As best as I can tell the issue is with the lender(s) you selected, not the title.

A Company called Gold Star Finance and James LaPushner - Following is their company into :James LapushnerManaging DirectorGoldstar Finance, LLC.4465 S Jones Blvd, Las Vegas, NV. 89103.Tel; Fax Number: Website; www.Goldstarfinancellc.comBE WARNED - the company looks 100% legit - we did extensive due diligence - they checked out.

In addition to those above-referenced issues related to conversions, the additional unit(s) would require a parking space and enough lot area/gross floor area to meet the requirements in 9-703. 

I prefer an assignment @William Causey as it keeps me off the chain of title and any issue(s) that go with being in the chain, as well as any additional expenses related to a doublel close.

Here was my experience house hacking in my 20's as well: https://www.biggerpockets.com/forums/922/topics/1133476-hous...Cash reserves have saved me multiple times, but my properties were both NOT renovated. 

And yet 1000’s, 10’s of thousands, maybe millions of people invest in those areas.

I am a Broker in California though and still on the Oregon DRE s  e mail mailing list I like to stay up on current laws since we are home builders in the Portland Metro market..

@Kevin S. 

These were plats of subdivisions that were platted and recorded in the early 1900's but never developed and generally owned by one individual or company.