That's the beauty of being cash flow positive and having long term fixed rate financing.

@Jonathan Klemm I moved into Lakeview earlier this month from New York.I am looking to house hack somewhere in proximity to the red line on the North Side of the city.

I bought a beautiful rental with traditional hardwoods throughout.  

Yes yes this is a big red flag re the sanity of this lender. 

We live in a beautiful upper class neighborhood with doctors, lawyers, and other professionals.

This is a red flag and no deal is worth this much headache!

If they resist, it’s a red flag for sure. is that something i would follow or do you suggest something completely different.

In spare and beautiful prose, Desmond chronicles the economic and psychological devastation of substandard housing in America and the cascading misfortunes that come with losing one’s home.

The beauty of notes vs. hard real estate is that you don't own the property (and all that hassles that come along with it - tenants, maintenance, townships, etc.) you just own the secured paper behind it.So in that regard, having boots on the ground in some form or another when performing due diligence is important whether it's a Realtor, BPO agent, and/or contractor assessing the property.

Beautiful!