I received an offer that is substantially higher than my asking price from a retail buyer, but the buyer would have a mortgage and need a warranty deed.My attorney reviewed the title search and the county's notifications to lienholders and doesn't see any issues. 

When reviewing income, a good landlord will consider how long the individual has had the job or how consistent the income has been historically.

While we don't have any deals right now, we are looking to connect with cash buyers and learn their criteria to make future deals as quick and painless as possible. 

Here is text taken from the HOUSABLE website for Oakland:Utility ConnectionsCategory One: No new or separate utility connection shall be required.Category Two: A new or separate utility connection may be required, but the connection fee or capacity charge shall be proportionate to the burden of ADU on the water or sewer system.Here are definitions of the ADU categories from the City of Oakland website:CATEGORY ONE ADU: Involves either conversion of space within an existing Single-Family Dwelling, or conversion or rebuild of an existing accessory structure; includes no expansion of the existing building envelope other than up to 150 sq. ft. for purposes of accommodating ADU access and egress only.CATEGORY TWO ADU: Involves construction of a new detached or attached structure, including an exterior addition to an existing structure to accommodate the ADU, in conjunction with a proposed or existing Single-Family dwelling.It seems that Oakland is making things confusing with the language they are using, but I still believe that my original interpretation is correct based on the State Assembly Bill. 

Neither guest squawked about it and both left 5 star reviews.

Let's connect. 

I have great reviews so far on my Google page…not many but a fair honest amount.

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If you were either the buyer, seller, lender, or realtor in a Loan Assumption transaction in New Jersey, I'd love to connect and ask you a few questions.  

Any information, resources, or connections you could provide would be invaluable to my research.Thank you for your support!