I got introduced to BP about a year ago and have since then absolutely absorbed information everyday.

While fees would be paid by the tenants, I'm concerned that this is basis for a reduced term rental permit and impact my ability to renew permits. 

@Chris Mason and @Zack KarpI am aware of the hit I get for a cash out and a 2 unit vs a single family but these hits should not come out to 1.75% (175 basis points).

Originally everything was running smooth, the single family row home was in good shape and had long term renters I was looking to take over.The property had minor problems but what made the deal so intriguing was the tenants had been doing all the work on the property themselves and for a first time home owner/ investor it was an ideal situation.Fast forward to now: Covid 19 has interrupted our every day life as well as the closing, my closing date was pushed back from april 13th to approximately may 22nd and now the tenants have advised the owner they will be vacating the property as of may 2nd.

@Justin S.Like what is your basis in your new house - It seems like your new house is a partial personal residence / partial investment property.What is the FMV of the property if you sell the property?

As we know, we can sell a stock or bond with a mouse click for immediate cash, that’s far from the case with real estate where it can take months longer.Whether the spread of return between 10 year T-Bonds and Class A, B or C properties was enough can only be identified in a case by case basis.

So settlement sheets, rehab, and any improvements for cost basis.

Unfortunately, no evictions are allowed currently in Tarrant countyHave you given them the 30 day notice to terminate the lease as most leases in Texas renew on a month to month basis?

I read every day and listen to bigger pockets all day at work.

I learned about wholesaling through many YouTube videos and became quite obsessed with the topic, I figured I could probably do it my self and do ok but I realized if I want to be great im going to need a mentor someone to teach me the ropes and ins out outs of wholesaling and fix and flips someone with experience who will transform me into a real estate guru I am willing to work hard and show up everyday to learn new things.