I would also check out your local newspaper rent add section, and definitely call on any adds you find and ask about what amenities they have. 

After owning that property for 5 years and living in it for 2 out of the previous 5 years you can take a proration of the tax free primary residence exclusion.

I thought I understood how fractionalized notes work but after reading this thread I’m not sure anymore.I know in CA there is a law, a specific statute, that specifies exactly how a fractionalized note is done.The authority is given only to a licensed real estate broker, requires reporting to the BRE, limitations on how many beneficiaries can participate, the maximum amount they can contribute based on their net worth, etc.I know the reason the statue exists is to provide an SEC exemption exclusive to CA RE brokers.Bringing more than one person together on one note is considered a security thus requiring a SEC license or exemption.So, does this mean that if two guys want to buy a note together and put their name (or their entities’ name) on the note (and DOT) as joint owners that they need to get a broker involved?

Try the classified ads in the back of newspapers like the "Northeast Times". 

Code §§ 1947.3(1-2)) says that you can't mandate electronic payments exclusively.

I know there are some partial exclusions I can work with, but I wanted to see where your all's feedback could guide me.

They said the line would need to roll, meaning it could be used to acquire and renovate properties; and then once they are leased, rolled into permanent financing.So, is is wiser for my to spread my loans out with multiple banks in case something happens again like in 2008 and risk possibly having a loan actually called due or become exclusive with this one bank that I already have a portfolio loan with. 

They said the line would need to roll, meaning it could be used to acquire and renovate properties; and then once they are leased, rolled into permanent financing.So, is is wiser for my to spread my loans out with multiple banks in case something happens again like in 2008 and risk possibly having a loan actually called due or become exclusive with this one bank that I already have a portfolio loan with.

Hi @Jack Brown,The table below provides the requirements for second home properties. must be occupied by the borrower for some portion of the yearis restricted to one-unit dwellingsmust be suitable for year-round occupancythe borrower must have exclusive control over the propertymust not be rental property or a timeshare arrangementcannot be subject to any agreements that give a management firm control over the occupancy of the propertyIncidentally, it reads to me like a model match for places that you're going to have as a furnished rental or airbnb part of the year, and a spot for your family to vacation for part of the year too.

The insurance companies I've spoken with say normal homeowner's insurance is no good because it has exclusions for situations where the house is not occupied.