Soon afterwards a guy was trying to wholesale it on Facebook (not legal, btw.)

A non conforming unit is technically legal but it doesn’t meet current zoning (but possibly was once a legally functioning unit as a residence).

Quote from @Corey Gelineau: The inspection contingency is used to legally back out of a contract due to the property being in an unacceptable condition upon inspecting the property.

From what I'm reading here, and we immediately sought legal counsel on this, they're totally free to move out anytime they want.

An LLC does not provide much legal protection, it acts as a legal firewall to separate assets.

FY 2024 $fmrtype$ Fair Market Rents Documentation System — Select GeographyI hope you can open this link, I don't know if it will work on this post, if doesn't you can DM me and I can send it via email to you.I'm investing in Montgomery now, C class properties, section 8 and regular rentals are about the same $$ in the area, I try to target Spanish tenants and has been working well, I'm new on out of state investing only 5 months but I can't complaint, everything is working great, the cash flow is good!  

Even if every Concrete crew was "legal", wages would pull them to other low paid laborer jobs such as landscaping, house framing, meat packing, etc, causing wages and cost to go up for new Self Storage Construction, let alone availability.Security Systems- yep sourced overseas, China.Interest rates going lower, but I expect Inflation to go higher.

Generally there is consensus that DSCR Lenders can only offer a 1% prepayment penalty for up to 3 years in MI, but some lenders have recently reportedly been flaunting this rule - I would just tread carefully here in this area, generally not advisable to get potentially tangled up in a flawed legal doc with a non-sophisticated or fly by night lender

I sold a property last year that required the owner to get a certificate of nonconformity to be a legal two family.

The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.