@Christian Scully thanks for that, i just spent the day thinking that i planned for the firsthome loan because i tought i was going to need the down payment assistance, but im doing way better than i planned so now im thinking if it will be worth it going that route at all.i mean, i'm going to have by november close to 30k available so if RHI puts too many restrictions with that loan ill maybe go the BRRR way, thats what i really whant to do, only setback there will be i dont have skin in the game to get a hard money loan, a friend recommend one that loans to inexperienced buyers.

Another idea may be to build the wall but stop it at handrail height so no other handrail is needed.

Purchase price: $397,000 Cash invested: $11,000 House Hacking a 4 unit property in Winnetka Heights, Dallas.

So, what issues, rules and restrictions are there for the mid-range of multi-family (5 to say 12 units)? 

Roof needs to be replaced so we will raise about a foot to increase ceiling height.

If we were to put in new units, they would have to be up to code in regards to amount of natural light in units, parking, ceiling height, etc… But since we are connecting to the existing studio, all that is taken care for.

In nearby DC, they have a newer law restricting the late fee to 5% of the rent and you can't evict for non payment of late fees.

Yes, Fema has a height they enforce than NY State ( House raising Long Island ) wants two feet above that.

There are no prepayment penalties and no restrictions on what you can do with the proceeds of the 401k loan.

In the kitchen, I painted the cabinets, changed out hardware and some of the lighting fixtures, changed out the countertops to an updated laminate, painted the grout in the floor tile, added a subway tile backsplash, added some height and crown molding above the cabinets to give the appearance of tall cabinets.