The more recent EPA lead paint rules require that for pre-1978 construction, that renovations be performed in a lead-safe manner by certified professionals (and even that requirement does not impact owner occupants who are DIY, since the DIY owner occupant is exempt from the requirement).

Why is no one here giving actual numbers on what is being thrown out - for instance premiums and the impact of say dropping your property while keeping your liability?

In the scenario you posted with a $1,000 rent monthly and a total PITI expense of $750 then the mortgage cost would be a "wash" and you would see a net impact to your debt to income ratios of $0.00.

But, if you want to get your feet wet first, then Tax Lien investing, depending on the state, can be a good entry point, but longer term I think you can find much larger returns, more liquidity, lower tax impact once you invest in real property.

Personally one or two deals may no impact me, but it might my contractors, their sub-contractors, my property managers, realtors, etc..

There are a number of other factors that will impact the cost of a conversion, especially when more than one unit where the intent is to have each unit pay its own heat.

This kind of filter could potentially have a long term impact if your units sit vacant because no one can understand the listing.

Nothing else will have a greater impact on your success.

I would like help thinking through the impact inflation will have on my buy and hold returns, specifically when financing with an adjustable rate mortgage.I am thinking about bundling some SFRs into one package and refinancing so I can pull out as much of my investment as possible.

Can you inform me further about the Dodd Frank and Safe and how that impacts seller financing.Steven J. it's definitely refreshing to hear of someone that had a similar path that I'm on and achieved success.