Make sure you get permits and get everything up to code or they will make your life hard.

I also still owe some on my boat, $23,000, and some on a state fishing permit, $50,000.

While you need to check with your local building and/or permitting agency (which isn't as scary as it sounds) as to the feasibility of doing this on a particular property, it may make sense in an area where the density has increased or where the demand has shifted to smaller units with good locations like DC.  

Germain Act specifically prohibits the lender from invoking due on sale for Trusts and other permitted transfers.

No local/state licensing/permits required.  

I believe pulling permit will also trigger their visit as well.

We are starting to involve the kid a little bit with stamping envelopes but the results are not always...desirable.If I want to go looking at properties, weather and neighborhood permitting, I'll usually throw my kid in the car and drive around with them.

My lot is already zoned to have a duplex and there are other lots in the area with duplexes on the back, so I don't think we will see any trouble from a zoning or permitting standpoint.

Although the benefits are great, their can be a significant amount of lead time which includes negotiations, marketing, permitting and construction which can take up to 36 months or never even materialize.

Many don't understand how to pull comps, assess rehab figures, don't know how permitting works or has an effect on a job, etc.