- Aside from the following: Condo fee, tax, home owners insurance, hurricane insurance (is this in addition to home owners insurance)?

The prior owner did not secure a rental license or a certificate of occupancy for the property.

I wouldn't be the owner since my parents own the home and the lot that it sits on.That being said, is there any chance that I could still get tax deductions for building this ADU?

Hi Jindou,From a loan perspective, 2-4 units are a bit more favorable if you can take them down with an owner-occupied FHA, conventional, or VA loan.

I owner finance 100k of the sale and did a conventional mortgage on the rest of the home.

We are helping our communities, business owners in our communities etc.  

I'm the owner of a digital marketing company based out of Houston, Texas, that specializes in REI marketing, and now that I've been in business for awhile, I've noticed that Facebook ads are the better route for wholesalers getting started with my company than Google ads for a few reasons.

I couldn't believe it and a few months later met the new owner and he confirmed he put $750K down.

This could be a great property to have a tenant payoff over time.If owner-occupied 2 of the last 5 years, you could sell and pay no taxes on the proceeds.Where would you invest the money for a higher return?

I found an owner that bought three multifamily properties last year with the intention of renovating them, and then keeping them long-term.