Hi, I'm a newbie currently looking at a triplex in Fairmont/Art Museum area, 1 unit= commercial /2 units =2/1.

TIA, Art

Maybe a small beauty parlor, nail salon, art studio, music lessons, or specialty sales books, clothing but it is anout what the area would support, what's missing.

An art gallery and coffee shop?

California is a consumer state, so my guess is that the rules/laws are as liberal as they get in favor of the owner.As you stated, the lender doesn't HAVE to do anything, but I would think it'd be worth a call to the lender to discuss loan modification and/or document the process by going online and completing their form. 

Of course the clause and then subsiquent eviction is my main concern.Thanks to all who will provide their wisdom.Jason What about Liberal politics in B.C. don't you get?

BP because it's an awesome place to learn more information about a subject that has a lot of facets and Denver because the weather is amazing, the food/art scene is pretty great and there's a lot of healthy/cool people that live here.

@Tyler Weinrich - Valuation of real estate is an art.

Try Art Wood at Goldwater Bank.

I am from the midwest originally but have been living in Los Angeles for the last 6 years in a loft down town in the arts district.