Lenders on individual units will ask the HOA to explain the mix of ownership.

I own a small mix use building in Westville that has commercial tenants.

Mostly a mix of single family and small multifamily (duplex type homes).

So a combo of % of rent till the heloc is closed could be a good mix.

I'm currently under contract for a spot in San Marco that I'll be renting out that is mixed residential & commercial, and will continue to look into multi and single-fam rental properties (using BRRRR) as well as land and potential building oppty's. 

@Kevin Chan haha ignore the Big Bear vs Arrowhead:) was mixing this thread up with another.

Add this to the mix. 

I included the restrictions from my insurance, the requirements of spay/neuter, vaccinated and registered with the City of Chicago, older than 15 months, and that a vet certify the breed (as I learned here that some tenants lie and say Labrador, when the animal is actually a pitt mix, or another breed that violates home insurance.) 

Maybe I can take you out for dinner or drinks and get your advice ;) 

Investment Info:
Single-family residence fix & flip investment in Smyrna.

Purchase price: $150,000

Cash invested: $136,000

Sale price: $345,000

This was a 'subject to' deal, partnering wit...