Such conversion need not comply with the requirements of the following specific provisions of this chapter:(a) Section 13-196-660 (height limits); however, in frame buildings, four or more levels of living space shall be prohibited and in buildings of ordinary construction, with or without attic living space, five or more levels shall be prohibited; (b) Section 13-196-050; however, all dwelling units must comply with the exit provisions of Chapter 13-160 except basement dwelling units may have a second exit through a room containing a heating plant; (c) Section 13-196-670 (stairwell enclosures); (d) Section 13-196-680 (corridor enclosures); (e) Section 13-196-690 (dwelling separations); (f) Section 13-196-710 (basement ceiling construction); however, if the basement contains a dwelling unit the entire basement ceiling construction is to be wood lath and plaster of half hour construction; (h) Section 13-196-720 (heating plants); however, basement apartments are to be separated from heating plants with partitions of one hour construction.

The refi must at least cover the original loan, and as much of the Rehab, holding costs, and closing costs as possible. 

Part 4 goes on to say day care centers with between 1-14 people must meet the minimum lot req'ts (no extra req't here).

Staging is a must - I can give you an inexpensive contact.

Bill,Please file a complaint with the California Bureau of Real Estate CALBreCal.dre.govWe must police and get rid of unscrupulous people like this

Quick introduction: I will be moving to the greater Minneapolis area this summer due to a job transfer and wanted to get some local opinions of which areas to check out while I'm visiting this weekend. 

Go visit your top one or two picks, look them in the eye, tour the town and see some props first-hand.

In order to qualify for the Homestead Exemption from property taxes you must own and occupy the property.

You do not have a contract with them so they will not get paid by you.If the tenants are paying for a PM, which is extremely strange, you will need to inform the tenants that they may no longer hire a PM or that the PM must conform to your standards.Is this a commercial rental property.

As a new investor, before purchasing and or leasing a property, I would also call your village to confirm you are aware of any local ordinances that you must comply with.