I do work remotely from the home and was also wondering if I could write off the portion of where I use the space as a office on the same home as he’s claiming without causing any flags on the property address.

After that I am using 5% rent increases with 60k renovation in yr1- using 20% down around 8.5% rate, many loan officers keep telling that only 25% down is minimum.. idk- yr1 goal to increase rents w renovation around 60k spend w 5% rent increase (tricky part it probably lot of rent lost while renovating maybe 2-3months) - estimating that yr1 and 2 is negative CF and then projecting positive CF w yearly 5-10% rent increasesAny ideas if this makes sense or not?

I reached out to the main office and heard back from a local outreach member from Rhode Island.

Hey Liz,As a loan officer who has completed more than 2,200 loans in Minnesota, I can assure you that attorneys are completely unnecessary, and expensive in Residential Real Estate in MN. 

I lined up a bookkeeper in May of 2023 and had several months of follow ups with her only to discover in February 2024 that she had had a “life changing family event” and had not been in her office for about 5 months and had never even started my books.

I'd call the police and send them there, no way I'd be going to the house until the police were there and I wouldn't go by myself.

Basically they would become shareholder or officer in business until you have the experience documented. 

Since this tenant will have rights as a long term tenant if they do not vacate the unit for you to use you cannot trespass them and have the police oust them like you might a short term renter who doesn't have those rights. 2.

@Ronald RohdeYep, I would be adding the same thickness of slab and only extending the portion of the warehouse only, not any office etc. 

The first step is always reporting to your local police department and getting a document that states that any unauthorized visitors will be trespassed immediately-- but in my experience, it takes more than just this to get the squatters out.