My realtor assured me the tenants would be gone at closing.Now my realtor tells me her and the sellers realtor made a mistake and these are HUD tenants and have a contract that cannot be terminated, but once I own the house, I can terminate their leases.My plan was to house hack this duplex, but I cannot do that if the units are not vacant.

Basically, I am trying to understand if there is a simple playbook for a small partnership fund that can be worth executing for a rental property without going into too much compliance and audit requirements.

Basically,I am trying to understand if there is a simple playbook for a smallpartnership fund that can be worth executing for a rental propertywithout going into too much compliance and audit requirements.

They do this to assure that your debt ratio doesn't exceed the 45% debt ratio limit that most HELOC lenders have as the highest debt ratio allowed, if and when the rates go up.You mentioned above that you are thinking more along the lines of a cash out refinance.

Rest assured she makes up for it in her faith and support...The Support:  where to start...First and foremost, I couldn't have been more blessed by God to have the supportive wife that I do. 

Biggest concern is him suing because of ADA compliance, or us just having to evict.Property has not been CASp inspected, we're looking into that.

I was assured by the selling agent and owner when I brought the property that the tenants in the unit I wanted to occupy would move out and to a different unit.  

That's your leverage to ensure compliance.

I am in the process of purchasing a commercial property. It’s three stories (each less than 3k sqft) The main level is a bar, the top level is a office, and the bottom level is a function hall. I’d like to put 2 apart...

Yes it’s a repair/renovation but I need to only get across the finish line to meet the compliance repairs to move to traditional financing.