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Is there anything I need to consider for how my plan may impact the future (not qualify for first time home buyer incentives?

CA can and is the 500k to 2mil or more depending on the location  jurisdiction etc etc.. of course small plats are not that much.. but if you need to do an EIR ( Environmental Impact report) we were paying 200 to 300k for those back in the late 80s..

Include all your evidence and any relevant details about the property.Appraisal Process: If your request is approved, it might impact future appraisals positively, as the property will be officially recognized as a 3-bedroom.Risks: While there’s generally little risk in disputing the classification, it’s important to ensure that all changes are accurately documented.

My journey into real estate began with a fascination for property markets and a desire to create impactful investments.Currently, I'm eagerly scouting for opportunities in real estate, aiming to leverage my knowledge and network to uncover hidden gems and lucrative deals.I thrive on collaboration and believe in the power of partnerships.

I cant tell you how many times I've had to explain to investors that there is no magic DSCR wand that eliminates the personal credit risk/impact or allows them to borrow 100% of the purchase price or whatever. 99% of DSCRs require a PG which WILL impact DTI on any future loans, whether SBA, mortgage, consumer, etc.

They can signal red flags that might impact your property management.8.

They can still be extremely wasteful and it will have next to no impact on them.

Are there trends or developments that could impact future growth?

It should not impact you in any way.