And from there build on that situation into buying and renting out more property's 

Make sure to talk over the septic situation with them.As long as they are on-board then I'd hire an architect and bid it to a few contractors and see if it made financial sense.

@Brian Garlington Thanks for the input, have you dealt with this same situation before?

The pilot light is still lit and I can turn the furnace back on if I want.This is my first home - logically it makes sense to shut something off when not in use, but houses have so many nuances and I want to avoid a situation like "well since you shut off the furnace that cooled the insulation which then caused flaking which then clogged your air filter and yada yada your foundation broke and collapsed and there goes your investment."

From what I can read in the tax code it seems possible with the homestead exemption here:This annual exemption is available for “residential property that is occupied by its owner or owners as his or their principal dwelling place, or that is a leasehold interest on which a single family residence is situated, which is occupied as a residence by a person who has an ownership interest therein, legal or equitable or as a lessee, and on which the person is liable for the payment of property taxes

Hi, basically i know some very rich arabs who have asked me to help them find a house, the problem is I am not an estate agent, is there any way I can refer them to an estate agent and get a commission. They're looki...

I've spoken to Ottawa Mortgage Brokers about this, and they have private money lenders that will base their loans on home value and rental/flip potential rather than your personal financial situation.

What I need your opinions on is the following situation....2 of the properties I would use his team and be 100% owner, buy and hold.Guru would acquire the property via the auction, get a rehab estimate from vetted contractors and manage the rehab.  

@Joshua Tikal unless you want to take on your own marketing, you are probably stuck in that situation.

Hello BP Investors,I am currently in a situation where I am looking to pull money out of one of my investment properties to put down as a down payment on something bigger.