Then, when they're ready to move in, they could convert it to a residence and remodel the house to fit their needs.I hope @Dave Foster and others can provide specifics on implementing this approach, especially when it comes to the long tax arm of California.

Specifically, must this be a commercial/business loan type where you have higher rates and shorter loan life or is there an alternative loan type? 

I scoured craigslist, the web and facebook for people to do very specific tasks.

Listen to podcasts, read books, and if you plan to invest in the Netherlands find some resources that speak to that market specifically.

These were not specifically related to owning rental properties but the clients' assets (including any owned property) was better protected due to having umbrella coverage.  

After I joined there was one very specific, honest review by Zach Harsh and boy did he get slandered for it.

Afraid of secondary effects, both Fannie and Freddie remain in conservatorship today.What specifically did they do wrong?

The other is a smaller operation which does a lot of business in the specific neighborhood the house is in.  

It may be similar to other commercial lending options, but it really depends on the type of property and the procedure of the specific lender you're working with.

Option 2: Electrician recommended mini splits - said 2 units should do the trick and would cost around $6-$7k.Heating system 2 is forced hot air oil furnace specifically for the 3rd unit.