Technically everyone was a stranger before they moved in and we've never had any issues of stealing or squatting or any type of damage to the property.

The issue now is that I'm not sure if I bid on a second mortgage or if there are multiple mortgages on the property.

Legal and Management Tips: Any advice on navigating the legalities of renting out rooms in Orlando?

Is wholesaling legal in Ca without a license?

Hello biggerpockets,I am trying to understand all the potential *legal* issues I can run into by trying to split a regular single family home that is zoned as such into essentially a duplex with 2 separate tenants, one living in the house and the other in the basement.

I collected OVER 100% of rent during the pandemic and had no issues with evicting anyone.

This issue is coming every year, and a few tax pros I have talked to are not doing a good job explaining it.Can someone shed some light on this?

@Mauricio SandovalI was getting extremely high insurance quotes for our properties in Ohio, then I realized after reading forums on BP that you have to ask them to quote you on Actual Cash Value, not rebuild cost (which are extremely inflated during these times of supply issues).

Most places should rent, but the issue comes down to marketing and pricing the midterm rental.

If you are this close to the border or cost you need to purchase through a corporation or through a bank trust (Fideicomiso - Think of this trust to be similar to an inheritance trust or a living family trust in the US.)At all times you are the legal owner of the property, the best way to see it is as a permit or license that allows you to purchase, use, enjoy, rent, renovate, inherit, etc. a property in this zone.