Your main issues will be eggress, as usual in a basement.

But I knew and had worked with a couple of hard money lenders often enough as well to know that they’d fund any purchase in the range I was looking to buy in without issue if my private lenders didn’t have the capital or weren’t interested.So to answer your question I already had several lenders in place that I had worked with previously. 

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

Issues keep coming up and the students asked MF Capital to help with the $50k extra the lender is requiring.

Hi first post here just looking for advice, I rent a multi family home 2 unit for about 15 years have been lucky to have both units rented for 10 years no issues, well until now.

@Will Mejia it sounds like you don't want to deal with residential tenant issues anymore, which is fair.

Since the original loan remains in the seller’s name, you may need a nominee interest allocation to deduct mortgage interest, as the Form 1098 will likely be issued to the seller.

I want to share my experience with Jenny Yi, an STR designer in case others have had similar issues.

She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.

The issue I see is that market has historical appreciation below average (not bad, but slightly poor).