Additionally, the permitting and approval process for sprinklers can add up to three months to a project’s timeline.

If you move title to the property into a trust for the seller's "Estate Planning purposes", you still need the mortgage company's approval. 

An alternative is purchasing the new property in your names and later transferring it to the LLC, but this may trigger the due-on-sale clause unless lender approval is obtained.

This option can allow your property to cash flow at a higher rate because the monthly payment would be cheaper than if you were to have a conventional loan; then once rates come back down you can decide to refinance on to the traditional 30 year fixed.They require much less for pre-approval and look more into the asset that you're looking to purchase than they do things like credit score.I hope this helps!

You might consider: Consulting a Real Estate Attorney – Your emails may possibly prove misrepresentation.Requesting Public Records – A FOIA request might reveal why the city denied you but later approved the duplex.Escalating to City Officials – Bringing this to local officials could expose inconsistencies.Exploring Tax Write-Offs – A CPA might help offset your financial loss, if it is possible.I’d definitely seek legal advice.

I'm curious as what y'all consider to be the minimum criteria for approving a tenant, assuming you don't have access to professional tools.

Do not allow new roommates that haven't been approved by you and added to the lease.2.

Is it like the following:a)  Make an offer on a 5-unit that the Seller acceptsb)  Do my inspections, come up with gameplanc)  Present the lender with final gameplan, once approved then proceed to closing & get the keysd)  Have XX days to convert to a 4plex?

It makes all the sense and Canadians are in a vastly more approving state for it now per recent polling showing a near 50% approval rating for such vs the single digit approval years past. 

I'm currently awaiting 24hr notice of sheriff eviction, and I got court approval to move forward with money judgement for past due rent collection.