However, it takes a long time to pay off this property and forces me to accumulate much more interest over time.

Lastly in what situation would a tenant want to sue you that is not covered by insurance ?

Lastly, upon closing on the property, have your tenants sign updated lease agreements.

One of the most surprising experiences I had was when a borrower with a seemingly high-risk property came in with a last-minute change to their scope of work.

I know that in Mississippi the rule of thumb seems to be that as long as the lot can meet the frontage requirements, construction is permitted.

I can see the arguments from both sides and am curious to hear how others might adapt their business practices if such a law is enacted in your state.Interestingly, South Carolina just implemented a similar requirement last week, and it seems like more states may follow suit soon.What are your thoughts! 

In my experience, when you rent by the room with shared common spaces, you end up with lower quality tenants and higher vacancy in the long run.

I just can't expand further than the 10 lots that are currently there. 2 TOH ($400/month, includes water/lot rent)2 POH (vacant)6 vacant lotsHouse is currently used a long term rental. $1200 per month.

Customer is the only one touching the door from the last time he parked.  

Hello, I have my property listed for long term rental in Joshua Tree, CA.