The law as written indicates if not approved in 60 days (not counting time that jurisdiction will awaiting on input from entity requesting plan approval), it is in effect approved.  

For LPs, it’s trusting the GP can manage the process (cost) effectively through the rehabilitation to the sell. 

According to the IRS (https://www.irs.gov/publicatio...) under "Subdivided plots".

Someone who says 'there won't be a reason to not pay rent' or words to that effect is a big red flag.

Between what the contractors say, what you see around the neighborhood and research I am sure you can find a cost effective method to replace the stairs. 

Once that is approved, that voucher program and rent would come into effect.

Also, you can take a plot of land, subdivide, build on it, then sell.  

Effectively, it's like making extra payments on a mortgage, except you can then pull the money back out when, say, a credit card comes due.

It's understandable, since one can gain property tax advantages by living in one of those as a non-permanent structure, yet can't 'double dip' by having tax-free land gains just by parking a trailer on a plot of land for 2 years at a time.If the state was offering to buy the land with the structures on it and perform the demolitions itself, I think it would be excludable.

Hello,I have recently rented my townhome, which i was living in and had home owners insurance, for obvious reasons i would like to get Landlords insurance but was wondering how the mortgage company would take it, i ha...