You would pay yourself a modest salary each month and then all amounts above that would be considered non-taxable distributions.Joe

In a 4 plex, it would be really nice to have the power to get rid of a terrible tenant, because they are your tenant, and not some druggy loser that an absentee landlord has put in there without checking them out.The last time I checked, the difference in rates that my bank was charging between an owner occupied loan and a non owner occupied loan was 1/4%.

(b) The landlord or the tenant may terminate a month to month tenancy by a written notice given to the other at least thirty (30) days prior to the periodic rental date specified in the notice.So if I had a non paying tenant which type lease would benefit me most?

Property: 3,082 sq ft2 story, 5/2.5Built 2006-purchased 12/2006 for $375KOwe $355KPayment with T & I = $2500/monthLoan = 30 yr conv. fixed @ 5.6%Non-assumable, No prepayment penalty 16x 16 tile downstairs, carpet upstairs, gas heat, both gas and electric stove in kitchen, gas BBQ in backyard, 3 car garage with RV gate.Comps:$325-345 Sub2 because the loan is a good rate?

I it is owner or non owner do come into play on these questions… To answer these questions 100% accurately, there are numerous questions that come into play… This is advanced foreclosure law class stuff and these are fairly complex foreclosure law questions.

For non-residents, lenders usually would only go up to 65% (ie 35% downpayment), but sometimes they do make exceptions if the client's profile and the property are great (i've seen them giving 80% to non-residents).I'm not sure about the tax.

The grout suddenly is non pourous and unstainable.Planning hardwood?

You can negotiate "non exclusive" options for $10 each.

People I know (the non-RE interested ones) are in trouble, a lot of units in my area are for rent, people are moving out with their tails between their legs it seems while others are saying that they're stuck where they are because the can't sell.

Until recently, there were even lenders who would do 100% financing on non-owner occupied.