Keep in mind that towns and cities may have different ordinances that may require city approval before tackling your plans.

Could you outline your process of determining whether the property was worth investing in as a small-town purchase?

Meaning you’ve built it up in the current year and haven’t reported current year taxes yet

If you have built/created equity, you also might be able to refinance it with a better LTV.

If it makes sense, then just replace the HELOC with a new HELOC after the garage is built due to the increase in value.

And for 5 to 25 units, most of those were built in the 60's, and lots of those during that period only have one water meter, sometimes one gas meter per building as well, and lots of mom and pop owners pay for water/gas/sewer.

Was the property built as a duplex or was it a single family house that was converted into a duplex?

We have also built a relationship with members of the historical society, which has allowed us to operate in this challenging environment.

I have called there bluff. listened to them, asked them about grandfather clause about code when house was built.

Ron was a couple years behind me in my home town of Gates, Oregon.