Always looking for SFBA permit homes for renovation.

Ended up costing me an extra 3-4 weeks before my project was finished.

Check out everything; inspect septic tanks and electrical installation as well as past liens, taxes and permits.

I am a general contractor in the area, house needs all new windows, and turning 2/2 into a 3/3 and i will be pulling permits.

Part of her decision might depend on her need for extra income. 

If in the city, you will likely need to go into the Finance Office (1st floor) and get the rental permit transferred over to your name.

In return they would ask me….”Well what if I did this to the house and that to the house (spending thousands of dollars in extra’s to the house), how much could I get in rent then”, and it never ceased to amaze me, how they looked at me when I told them that they would still get $750.00 a month.

For the most part this extra gain is realized for doing nothing more than just owning it overtime and no extra effort is required.  

Overlays are the extra rules that lenders put on top of the Fannie/Freddie guidelines. 

Tenants/roommates will be paying my mortgage and I will still have an extra $200 left over for other expenses.