I’m in the process of finishing the basement and adding an additional 2 bedrooms and 1 bathroom.

In addition, it would seem that you would lose the stepped up basis at death if you are on the title.I suggest you consult a CA profession tax consultant and possibly a CA probate lawyer.  

Never assume anything with a newbie. haha I have reviewed the bylaws and through my untrained eye I did not see a clear statement about the windows, just general statement about adjusting the exterior of the building, so I have requested additional information. 

Additionally, your local FB groups and REIA's will have them.

Hi Chelsea,Can you provide any additional details?

In addition to this seemingly pointless law, the Jr.

In addition, the cost to cash-out refinance an investment property at 80 LTV probably would be beyond ATR/QM limits. 

My question for you is, is it a wise decision to take a mortgage loan on those two condos so that I can purchase a new investment property (in addition to single family house which is an obligation) using DP approach?  

Have to figure in VAR power etc.In addition, you might see a 345, or higher voltage line and the cost to connect could be prohibitive.

If you prepay 15% you’ll probably get a 5% return.What we didn’t talk about was ability to acquire new debt, cash out refinance costs, cash flow implications, tax benefits, liquidity or risk management which is another post.My intention on my property is to prepay about 4% to move the cash out refinance for another property up by a year and let additional investment money ride elsewhere.