If you’re going conventional on a second home, you might want to consider putting even more down and make sure that your debt to income ratio is <41%, and credit at or above 780, ideally, as the GSE’s just made changes to the Loan Level Pricing Adjustment (LLPA) just got even more expensive effective 05.01.2023 but most lenders will either incorporate this into their pricing or will then. 

A previous design may have already been built and approved before/elsewhere, but codes may have changed/etc.

I would rather just add an ADU instead of  going through the variance process to change the zoning 

If you ever need any help with the financing on future deals, I'd be more than happy to help. 

Nice to see something happening in favor of STR property owners for a change.

Have none of ya'll ever heard of a tree?

Let me know if I can ever help with anything. 

We recommended this change to Raghav in January.

@Dave Foster have you ever combined a 1031 with a CRT?

None of this is true in todays market though, you pay more per month to buy than rent anywhere in our area & frankly the country at this point, so it takes time for both having bought to be worth it and to move out and make cash flow, there are very few if any properties that are “value add anymore” I’d know because I look At 17 counties daily for deals & if there’s one I’d have bought one, heloc’s are bad debt ar this point, usually double digit debt, again all of these issues are solved with those but if your gonna live somewhere for a year or two he would probably rent and no amount of realtor ******** changes that, this market is different than a low interest rate environment and people owe thier clients at least to properly explain that to them.