Once approved, it shouldn't matter if their rent is paid by them, their wealthy uncle, an employer, an insurance company, or their sugar daddy.

The appraiser isn't an engineer and I wouldn't trust their measurements.

Hi Isadore,I am a Real Estate agent and an investor in the City of Poughkeepsie.

Typically an investor will not get into that type of deal unless they get significant upside as there is a chance the entitlement does not work and all that $ ends up going to $0.

I had an AO smith with long warranty,   It died at near year 10.  

@Yash Chauhan I know this is an old post and I stumbled on it while researching doing something similar.

I've looked into reciprocity agreements for the state of Virginia and Michigan when it comes to transferring your real estate license or brokers license to another state.

I'm VERY new to all of this, I don't have much of an idea on what contracts to use, to use or not to use an agent in the process, typical deposit I should put down while finding a buyer, etc.

It seems by now people would expect, and I'd like an online format.

That means I'm in the unit a handful of times each year, and it helps me stay on top of maintenance WAY better than I could with an LTR.