Current hot water heater is 21 years old in a 2 bed/1bath SFH that is being flipped into a Mid-term rental unit.

I am a bit new to the real estate investing world and have been practicing underwriting deals.I am looking at value-add deals that may require significant construction (ADU's, garage conversions, etc).  

If you get further into your process and would like a free consultation, please schedule a time with me below and we can connect.https://bit.ly/Meet--DavidDSCR Highlights:• Interest-only available• Cash-out options• Can close as corporation or LLC• Unlimited number of financed properties• Only LTV, FICO, and DSCR required• Loan amounts between $100k - $3.5mm• LTVs up to 80%• FICO down to 640• 1-4 unit residential, 5-8 unit residential, 2-8 unit mixed use, condo and condotel

Stephen,You can use a Bank Portfolio program to buy a Duplex as an investment and it only requires 15% down.

Hello, although I do not have experience in converting Industrial to Residential Units, I would say, understand what the Building Dept. requires to make this feasible, for example, some jurisdictions require that each unit have one covered parking space (carport/garage etc.).

Am i required to tell any tenant the reason if I turn them down? 

Do not provide substantial services 3. average stays of 7 days or less4. materially participate Primary Residence route:I presume that doing this route will:1) portray yourself less risky from a lender's perspective2) Less downpayment requirements.

I currently use Livable for submetered water/sewer/trash billing, but I would like to switch services due to constant billing issues.

LLC's are more used by larger investors and people who do not qualify under their personal names and have to ue business purpose loans and they require the property be in an LLC and not an individual.

The licensing process for real estate requires fingerprinting, which should deter bad actors.