Only someone who knows your exact facts, circumstances, and goals will be able to properly advise you. 

Renting out homes or single rooms – game day housing — is not permitted, unless the property owner remains on-site and operates as a registered bed and breakfast.Bed and breakfasts (Code of Ordinances 12.6.5.C.2) are permitted in residential zones, but only under these circumstances: It must be part of the owner’s permanent residence.It must maintain a residential appearance.It must be the permanent residence of the proprietor.No more than four unrelated people can stay there overnight.

I am working to create a private tenant database for my local community to be accessed only by landlords.The system will allow landlords to list the tenant’s info, property address rented, rate the tenant, upload photos of damage, and describe the circumstances of their departure from the property (ie – do they still owe rent).It’s accessible from a phone for landlords to upload and check.The idea is to create a way for a quick prescreen of potential tenants.It’s searchable by name and or address (of their previous rented location).I’m developing this as a way to help hold bad tenants accountable for their actions and to provide some level of honest & accurate screening.There are some potential challenges with landlords abusing the system.However, if pictures are provided or required to document damages I think that will go a long way to avoiding this.Also, I doubt landlords are going to take the time to slam a tenant who doesn’t deserve it as it would provide no value to the landlord.In my lease I include a line highlighting the “landlord’s right to report”, which outlines that I will be reporting on the tenants actions to a 3rd party data management company.Think of this as reporting to a credit bureau.The feedback from my renters has been interesting.They are worried about future landlords seeing this and it seems to be having a positive impact.I’m curious to know if landlords in other communities would find this of value.I’m also curious to know any thoughts you have on this.I’m hoping this would be something adopted by cities to help landlords manage bad renters.My community has been on a rampage of blaming landlords for all of the ill’s in the community.Yet they provide zero assistance in actually addressing bad renters.

Major structural issues and unforeseen liens are the two issues I fear the most.(1) How do you seasoned investors go through the due diligence process when you’re vetting a property prior to auction?

Depends on your facts, circumstances, and goals.If you still have questions I'd encourage you to have a conversation with your accountant post 10/15.Best of luck.

Under normal circumstances a first time flipper often does not do very well.

Under what circumstances would you ask to connect?

If you are looking at any multi-family of 5+ units then that would be commercial loan or hard money.Conventional has a couple programs (one with Fannie Mae and one with Freddie Mac) that can do as little as 3% down depending on the circumstances and they also have a 5% down.

My life circumstances have changed and I’m looking to decrease my monthly expenses and reduce the time required to maintain my 19000 sq ft yard.I’m waiting to see what happens with the comp plan zoning in 2018-19 and hoping the market doesn’t tank.. but it n the mean time.I’m looking to infill the lot.

Education is the single greatest way to up your economic circumstances, I wouldn’t simply dismiss that.