My goal has always been to wholesale enough properties to buy & hold properties with cash, creating long term cashflow for my family.However, since I need some "wholesaling income" to supplement part time income lost last year, it's been rough creating a marketing budget that'll provide sufficient quality leads, while putting food on the table.

I'll make a correction to the statement so it isn't so confusing.

My food for thought.

Please don't quote me :)If this is correct, however, I was wondering if this was a regional stipulation?

@Arthur Banks,You are correct.

I've given you some food for thought; I'm sure others will jump in.

You could call it any sort of space you want, but the issue comes back to it being an illegal unit to occupy and therefore liable to be able to get you a "red tag" code violation meaning you'd have fines and have to correct the situation.

A lot of this information can be found relatively easy, and your real estate agent (if you selected on correctly.. you want one who owns their own rental properties) can be a great help.I do cover a lot of topics on my blog, www.intendhomes.com, but there is a lot of good resources here as well.

I am gathering the lease is signed by all three together and I am thinking they are jointly responsible correct?

Food for thought