As an Architect, my best advise is if you plan to renovate without getting a permit or drawings, do that with an assumption that you will have to submit plans if you get stopped.

Under the assumption she would be required to stay on campus as a freshman, she would be looking to get her first house hack that year to live in the next three years.

My assumption is that all players know the language of real estate and are transactionally fluent.  

A couple assumptions--You have a lower pay off amount and a higher interest rate on your a rental. 

My assumption would just be to treat the loan payment as an expense that reduces cashflow and then the invested capital is just closing costs, but may be thinking about this incorrectly?

Hello everyone,Due the number of assumptions made around the more known 401k rules and limits, respectfully requesting responses to be from those who are intimately familiar with (rather than google'd it and have an opinion) how Super/Mega Roths work with standard familiar employer based Roth 401k plans in the same year (but not concurrent.)SITUATIONI have been an independent contractor and fortunate in being able to contribute to retirement via Mega Roth conversion.

It seems like a fair deal based on conservative assumptions, I'm not sure what is holding me back on it.

So, if you sold that home (assumptions) for $530K minus fees ($35K) you should net around $495K. 

I would begin with a cross-reference of the parcel in the legal discretion with property tax records to verify, then go from there in the assumption of proceeding with it as the purchase of one property (singular looking on paper, plural in real life as it's been built up).I would also be curious (just based on the SqFt you mentioned) what the assessed building value was- if it were based on (what I would assume was the original dwelling as the rental) and if the new 10,000SqFt building was an addition not yet assessed)- only mention as if it's not that's a hefty improvement to think of paying taxes on (at least in most areas it would be)It seems like your most inexpensive loan product would be a conventional mortgage then, if it does indeed adhere to being 'one property' on paper. 

What are the assumptions implicit to their underwriting?