Hi C, I suggest you start by asking your zoning regulators there if this is possible.I suspect building below your tenant in a MH will violate their quiet enjoyment, maybe giving them free rent will keep them there until building is done.On 1 acre, wouldn't it be cheaper and as profitable just to drag in another MH and set it on a 1/2 acre?

A trip to a nearby plumbing supply, a new lift and turn, some putty, done in 15 minutes.

I've been scrapping and mining the CFPB guidelines and practices for regulators.

I will be looking into zoning regulations this week because if changes aren't necessary to run the day care, the only other reason to make them is to increase the value of the home.

They expect taking 6 months for the renovation.his is the owners accouting of what he thought income/expenses would run: projected income 36 2 bedrooms x $550/month = 237600 per year minus 8% loss rent 19008 per year total income 218,592 per year projected expenses taxes: 21988 per year insurance: 10000 per year maintenance/supplies: 12000 per year legal/administrative: 3000 per year salaries: 20000 per year Misc. expenses: 10000 per year Reserves: 36000 per year Utilities: 6500 per year Management Fee: 36000 per year Total expenses: 155488 per year Net operating income: 63104 per year think the projected expenses are way high. 36K for management....i thought closer to 5% was normal for this type of project.

The regulations adopted carry the weight of the laws granting those powers.I suggest you not try to beat the system.

Call you local board they have a dedicated MLS person for these questions OR you can find the MLS rules and regulations probably on their website which will answer your questions.

Mostly thinking parking issues, people coming and going.One other time I had an applicant who is a massage therapist, again client visitations at home, I declined, because she can't provide income verification, so its either an all cash business and she isn't paying uncle Sam, also she wasn't licensed with the department of professional regulations so I was wondering if these massages are legit or she might provide other offerings that are questionable.Bottom line, do you guys prohibit business being conducted at your rental properties period, or is it a subjective rule based on how frequent or if it creates any inconvenience such as added traffic or parking situations to the building?

.- Free first month is a big problem to compete against and a sign of serious problems with over supply!

. :)"The intent of the legislation is/was to regulate Residential mortgage loans.