(it's just slowish and requires a lot of my manual work)Potential Deal to take through Owner finance:- Purchase Agreement in place until 7/31.17 doors - mixed 1 quad 1 triplex 3 quadplex 2 single family 2 1br cabin houses. - all are occupied- 90% of properties are in rentable but rough shape and need significant work in the near future. 

I am purchasing and renovating a house 1 mile from a Mayo Clinic with the intention of making it a STR/MTR. 

I have been digging through the guidance and am wondering if anyone has ever taken advantage of the following clause regarding 203k improvement types from the HUD SFH Handbook 4000.1, pg 374:- "reconstructing a Structure that has been or will be demolished, provided the complete existing foundation system is not affected and will still be used;"- "repairing, reconstructing or elevating an existing foundation where the Structure will not be demolished;"Guidance link: https://www.hud.gov/sites/dfiles/OCHCO/documents/4000.1hsgh.pdfHas anyone ever built a new home on top of an existing foundation using a 203k loan?

They paid higher down as a place to park their money, propping up the housing values.

This is especially true for novice , first time house hackers and investors.

Purchase price: $619,000 2 family house in new york city. i rent out to city government programs.

Should be quite doable..check in with @Joseph Chiofalo he's an NY lending Guru and has a strong in house legal team.

I bought it in 2020 and have a 2% interest rate.I’ve been casually looking for an investment property for a while and found a great deal on an ideal AirBnb house a town over in a similar neighborhood/distance to the beach/other attractions.

Forums exist in large part to get opinions/advice on the thread subject.It is not reasonable for a tenant to protect their belongings for anything that can go wrong.  

Plus, it gets people coming to you looking to sell their house instead of you chasing them.