Come to find out he has a mortgage balance of 57,000.

I know in my other market Vegas they are cracking down hard on STR that are not in proper zoning and or don;t have the proper licensing.

I'm sure if I could search properly within the forums I would find an answer but so far nothing. 

I certainly hope you learned to address a city commission official by their proper titles and not their informal last names.

I kind of like notes to balance  a portfolio if you have a bad rental month your note payment comes in and covers a bad tenant situation.

Almost certainly you can just give the proper notice and raise the rent. 

Nobody is expecting much from borrowers on these loans. if your finances are run properly, you provide all stips quick and clean, and you know what you're doing, then you're in the best possible position. the lender will order an appraisal. if you buy one, they won't use it

This property still has Mortgage Balance so I am aware of the Due-on-Sale clause may get triggered by the bank.

Getting 70% LTV on a $70K property gives you a loan balance of $49K (ignoring anything you’d roll into it).

That way the world is in balance and who gives a hoot what the paper work says.You could get borrower to execute another deed of trust against the same property as X deed of trust submit to escrow, recorded or not, and add to payoff demand.