Will just plan on living in each house 2 years if I do plan on selling.Plan on doing a major remodel of the existing rental, new siding , windows, add bathroom etc then split lot and build a new house along side.It looks like it is possible to do all this with owner occ money and save on gains too.Considering my depreciation is about gone and never was much anyway, finding a way to start a new basis would be helpful.

Have you worked with the existing occupants to get the credit issues resolved?

It's probably worth while sitting down with a designer of some sorts that can look at what's existing.

Perhaps the Drug Task Force folks if they exist in the area or Narcotics, not just the patrol guys...someone more interested in making a bust.

To do that, you need to leverage your 3 existing rentals into 10-12 rentals by taking advantage of these perhaps-once-in-a-lifetime low mortgage rates.

They would be for roofs, new carports, or the asphalt/concrete driveways and parking areas.Many condos are now owned by renters and the landlords are notorious for not paying their maintenance fee.

McKellar Newsom If the person is Canadian here are some banks:Harris bank (bank of montreal) will deal with loans 50% of purchase price but they will want to have a relationship with the buyer firstRBC Centura (RBC canada) not as picky to having a pre-existing relationship with clients and will do up to 70% of loan to valueWashington Federal- minimum investment $50,000 to $700,000 up to %65 of Loan to ValueTD Canada trust-not sure the details but I know some investors have used them.

You can't generate people to a particular area if they don't already exist there.Here's an example of what I'm talking about.

Ryan, for a conventional loan (30-year fixed) on a 1-4 unit property: To determine qualifying income on your existing rental property, they'll want to use your tax return history, since you have 2+years ownership history.

Or does this really exist?