Dear BP TEAM;I came across this 1.5 story, 1320 sq. ft. , 3/1 home on a lake.

Clinten Bohannan Sorry having iPhone issuesbut he reason I say that is because the underwriting department for HML has to verify past deals you have done so in my case ai thought it would be faster but in actuality more deals slowed down underwriting.

Then you have to factor in the rehab cost as well and the politics with the buildings department as far as inspections go.

I emailed Sage's Extension Department today, spelled out the facts, and asked them if I needed to do anything at this time.  

Definitely the first time I've run across that.I will definitely be checking with the zoning department if we get into contract. 

@Penny Clark got it right.In Texas, we can get an immediate eviction for holdover....and holdover rent is 3 times regular rent in our lease.The departing resident has put you in a position of failure regarding specific performance and you can be held financially responsible for the incoming tenant's expenses and trauma.

After contacting Nationstar's REO department, they informed us that they have no record of possessing or previously possessing the property.

Try small local banks and talk to the commercial lending department.  

Whatever you do, talk to the building department of the city about this.

Ask them how to get approval for adding a unit to your property. 2.Once you have approval from zoning/planning, go on to building department (if necessary) to pull permits for any necessary changes for the change in units.3.Do the work on the permits4.Get them inspected & pass inspection.5.Voila!