My county passed a new list of regulations last year.

Hello Ilya,Where are you looking at purchasing your 1st property.When converting a property from a single family to a multi family, you will need to check on the zoning requirements, depending on your location, not every location has zoning.As far as lending goes, it is far easier to finance a single family up to a quadplex, than financing 5 plus units, the DSCR Market for 5+ units is extremely low right now, and there are few if any lenders in that space.For financing 1-4 units, there are Millions of dollars chasing those loans, so you can easily obtain long term financing, at rates between 5-7%.Please reach out if you have a property identified, and I can help you with financing options.

The last time I did an apartment rehab was over 5 years ago, pre-covid for sure.

He is probably drawing up a Quit Claim Deed, which is usually a 1-page document.  95% of what is in a Quit Claim is copy / paste so it shouldn't take that long. 

As long your debt to income ratio isn't preventing you from borrowing more money, buy a rental and use the extra money you earn from that to pay down the highest rate mortgage first. 

Lastly, I would say that you need evidence of capital.

The last post is correct, we are required to have our license classification and clearly displayed on our trucks, business cards and any other advertising.

It came as no surprise when I looked Gatlinburg Falls up on the Better Business Bureau site and found this.  109 complaints posted in the last 36 months!

How long do I have to let it season?

Also, below are some ideas I've had.It seems to make sense to start with a list of people in my ideal area that have owned land for a long time and are not actively using it.