Grays Ferry (11.1) Rent $1800 SP $240K3.

Quote from @Jack Gray: So I've been doing my own taxes in Turbotax for 20 years now (I only own 2 rental properties but both were BRRRs), and I finally got stuck on something and went to a CPA 2 years ago, and he reviewed my past 5 years of returns and pointed out that I had made multiple mistakes (incorrectly categorizing repairs vs capex, calculating basis and therefore depreciation wrong, failing to realize that certain expenses for a home converted to a rental property start being deductible the day the property was placed in service vs actually occupied, the list goes on). 

We wanted come up with a way to combine them which is a gray are in this particular zoning area.  

I am looking at a syndicated  investment with Gray Capital, Solana Apartments in Indianapolis, IN.    

By vetting all adult occupants, you can have a clearer picture of who is living in your property and establish a sense of responsibility.Compliance and Transparency: Having everyone fill out an application ensures compliance with housing regulations and avoids any legal gray areas.

Quote from @Chris Gray: I've worked exclusively with builders on for-sale subdivisions throughout Southern CA for the past ~20 years (thousands of new homes) and cannot think of a single time one of my builder-clients has retraded on price after a third-party inspector toured on behalf of a buyer.

Even though WE are NOT originating a loan here; it would be the EX-Husband who would be "originating" the Loan (by taking back the Deed of Trust and Note) in order to SELL his 50% interest in the house, the TIE IN is with our BUYING or INVESTING in the purchase of the DOT and Note to generate CASH to him, and CASH OUT to Her is wherethis becomes a "Gray Area" of whether it violates any of the CFPB Consumer Financial Protection Bureaus requirements and could be re-characterized as a high cost LOAN IN DISGUISE ALTERNATIVE THINKING We are thinking a better way to go here IF the EX-Wife agrees; it to SELL the house NOW, pay off the EX- Husband and enter into a 3 year LEASEBACK with the buyer of the home. 

I told them thats not gonna happen, and may be in the gray area of mortgage steering.

Quote from @Daniel Grays-Yang: Berkeley is a place to look at, closer to campus the better.

Know this - kickbacks and other forms of paying for referrals is illegal for lenders, but many realtors and lenders skirt this in gray areas like a lender sharing marketing costs with realtors and in other ways.