NC REC takes these issues very seriously and has the authority to yank the PM's real estate license and some other powers.

I didn't authorize this and frankly am concerned that plumbing work was performed presumably by someone unlicensed.

The IRA owns the LLC, but you can be the non-owner manager of the LLC and have signing authority.

If you order a conventional loan product but really intend to use the property for investment-related purposes, you're lying to the bank.Naturally, this all depends on what kind of loan documents you are looking at, so you need to speak to your attorney on what consequences applying for/signing your loan documents will have and what you are actually authorized to do under the loan product you order.

Ask your local authority what the requirements are, so you are not wasting time. 

My mentor suggested I start a meet up for several reasons which are: Control your time (have the meeting work with your schedule and where you want to be)Become a well-known connector of peopleGain thought leadership and authority in topics discussedGive back to help others get started and close more real estate dealsBuild relationships with like-minded individualsMy real estate breakfast meeting has been going strong and will continue to meet on the first and third Friday of each month.

Might be a waste of time, but you won't know until you start digging into that possibility deeper with local municipal zoning authorities)There are a few more creative options.

I was the high bidder.About 6 weeks later after I had closed on the property, I was notified by Housing Authority of Baltimore City that rent payments for the upstairs unit were abated due to violations and repeated failed inspections. 

Not showing up for housing authority inspections, which caused me to be charged several times for appointments.But one thing they NEVER missed?

@Mai Barnes@Dennis M. is completely wrong, despite his dual economics and finance doctorates.I have it on good authority that @Caleb Heimsoth is completely unqualified for this sort of prognostication with an engineering background, of all things.Thanks to my Greek heritage, I can read the stars and the coffee grounds and I am certain it's going to be in 118 days.