Naturally, Covid makes this tricky.

In early 2019 we acquired the building and the business, the 2 owners were very happy because they were adequately rewarded for the 30 years they each put into the business and were proud that a fresh new crop of staff were hired to continue their legacy.

Naturally this makes the cost of Lubbock real estate lower, which in turn makes the rents relatively low compared to some other markets.

I was reviewing the Ann Arbor code for basement dwelling:https://www.a2gov.org/departments/build-rent-inspect/housing/Documents/05%20RH%20Cellar%20Occupancy%20Checklist%202019.pdf 1. 8% natural light and 4% natural ventilation for each habitable roomPoint number one is my concern.

My first inclination was to say insure the hell out of it and plug in a few electric heaters and let nature take its course. 

Clean it up, put the traps down, and let nature run its course.

When it comes to building my network of real estate professionals, there is something valuable I can offer first.SEO is confusing to a lot of people, but it's as second nature to me as flipping houses is to you.

Landlords must make houses livable and provide services to repair natural deterioration that would occur to the house regardless of the tenant."  

I am risk averse by nature, but also have the fear of missing out.

Good morning Joe –The first question is whether the property securing the loan is “residential real estate” as that term is defined in Oregon Revised Statutes (ORS) chapter 86A, The mortgage lender licensing requirements contained in ORS chapter 86A are triggered by the character of the property rather than the nature of the loan (i.e., the real estate transaction involves "a mortgage, deed of trust, purchase money security interest arising under an installment sales contract, or equivalent consensual security interest . . . upon which four or fewer residential dwelling units are planned or situated, including but not limited to individual units or condominiums and cooperatives.