Next, adding interest to an underlying loan, several issues, but your interest rate won't match the principal owing on the underlying mortgage this makes tax reporting and borrower disclosures difficult, beyond the financial scope of any small investor without a loan compliance department. 

Thanks in advance

Thank you for all of your help in advance.

I was hoping to do an informal survey group and ANY advice you can offer would be great.Thanks in advance BP motivators for any and all info!

But using Trusts are optional and an advanced topic.

My father in law is a licensed contractor and lives in the area, hopefully he will come as well.Here are two reports I made with the numbers I have, the repairs are pretty general based on just some comparable costs of getting things installed.

Thanks in advance!

I wondered why the City of South Bend would hire an out of town company for the study until I looked at their national client list which includes over 450 reports for builders, developers, cities, non-profits, planners, investors, lenders, small companies and development subsidiaries of several Fortune 100 companies.You can read the report here https://www.southbendin.gov/sites/default/files/fi...The report is mainly about the residential market potential of downtown South Bend but the gist of it as it relates to your question is that on page 5 it states that approximately 60% of the households in the entire City of South Bend are owner occupied and 40% are tenant occupied.The US Census Bureau data confirms this with their latest data showing appx 59% owner occupants and 41% tenant occupied here:  https://www.census.gov/quickfacts/table/PST045215/...

Thanks in advance, Andy Olsen 

@Mark Ainley, if you service this area please PM me.Thanks in advance.