@Vaughn Smith Thanks Vaughn, I haven't purchased the condo yet, but I'll be paying cash if I do, with the intention of taking a loan on it immediately after.

They are also on the hook for your actions and would be named in any lawsuit that may arise by your actions in real estate I am sure you would not intentionally doing anything to warrant a lawsuit but they do happen.

They lease out that space, and for good rent, I have no intention on kicking them out.

I mainly want to serve investors and residential.

The main factor for me, if I try to correct the tax records, it might end up getting into higher tax bracket  and it may not be attractive investment anymore, but the big question I have is, will the city/county put it into higher tax bracket if we increase number of rooms and dont have to increase sq ft size at the tax records?

Tom - I will be attending the next "main meeting" for SJREIA will be watching for the other meetings mentioned.

For those interested, I am using the Small Company Offering Registration ("SCOR") form U-7 as the main disclosure document, rather than the S-1 or federal crowdfunding document series that companies use as the basis of a 'prospectus' for federal (SEC) filing.

Also, outside in the yard one area has very grown green grass, leads me to believe either main water leak or sewer backup. 

They have two mortgages one small construction loan and a main mortgage that is an Interest-Only ARM that resets in about 4 years.

Hi @Anibal MejiasThanks for the advices I understand now that from one block to the other, it could be 180 degrees difference My main target and strategy is income rental cash flow, yes I get the market’s appreciation is really low, and yes houses are old, but maybe for flippers, it’s not the bestI appreciate everyone’s advices and thoughts I’ll definitely be in touch Thanks