Everytime I hear a text alert, or my telephone ring, I am hoping it is them to give me some sort of explanation.  

No matter how long a guest stays compared to policy there will be an explanation or excuse or expectation that you will look the other way.Hopefully people understand that with you living next door there will be more enforcement of the rules, but you need to figure out what you can tolerate becuase they are going to push you to the edge and trying to be ultra strict may backfire. 

I have been through numerous CRM reviews but many seem to be affiliate/promotions in disguise or at least lack objective comparative context. 

@Basit Siddiqi is exactly right that Philadelphia / NJ has some unique reporting headaches that are often screwed up, so whoever you work with, gauge their experience working in numerous jurisdictions, or their teams access to those subject matter experts.Those in the construction world and rental world open themselves up to some substantial opportunities from a tax planning perspective, but also need to be sure they thread the needle carefully on the real estate professional rules to actually qualify for them.

I’ve heard of numerous people raising “opportunity funds” to take advantage of what they call the “fire sale pricing” that will soon be here.I agree that there are more distressed sellers than in the past, and we have seen pricing become a little more reasonable than it was in 2022.

However, we have numerous officers here at Aslan Home Lending licensed in Minnesota.

These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants.

To me its simply the numerator of an equation. 

I'll give you all a simple explanation and see if I could get some insight from any of you.

Comprehensive documentation and a clear explanation of your investment strategy will be key to securing the HELOC.