I was going through the price history and it looks like the owner tried to rent out the property between November and January, lowering the price each month until they finally decided to put it up for sale.

Ask to speak with some of their current owners and current/former tenants.

Best regards,Matt  If you plan to move back into the property in the not too distant future you might hold out to do a home equity loan or line of credit as an owner occupant so that you get decent terms and a workable LTV max. 

Initial owner was on a contract for deed where, unfortunately, they were unable to meet their payment obligations. 3 investors involved in this deal. 1/3 split up front cost. 30 year conventional financing with one investor assuming loan while all parties had a legally binding MOU.

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

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.

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

Just young but hard head lady.I am the owner but I tell her I am the property manager to keep issues seperate.how do you straighten up such attitudes to avoid issues down the line or do you kick them out?

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 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?