It could get a bit tricky to get the appraisal to come in where you want so quickly after purchase, while only doing a moderate rehab, but clearly doable.

I need to finally pull the trigger on this.My pertinent info:-I own 3 rental SFR properties, all free and clear :D worth approximately $450k-I live in a 4th property which is mortgaged-I live in California :/-I also have a regular jobPrimary goal: asset protectionSecondary goal: increase tax advantages above and beyond my current sole proprietor statusAs a side note, I would also like to hear your thoughts on LLC'ing in wyoming/nevada/wherever else you can think of and how that model would or would not work in California as a foreign corp seeing as how "strict", for the lack of a better word, it is here in California.My entity/entities of choice would protect me from inside liability as well as outside liability.

If a subsequent owner occupancy bylaw is proposed, I make it clear that I want to be grandfathered in.

Yes "clear and marketable title" is very essential to a real estate transaction.

I didn't see anything that would make a great case for you but I think your position is clear.

Then after 2 years, I will be able to own the property free and clear!

Just to clear up any possible confusion: An appraiser is not confined to only a 10% adjustment for condition.

They neglect all the other costs that mean, in the end, they have probably paid $300K, if not more, to own that free and clear house.

Last time I did it the utilities required one of their guys on the roof lifting the lines as it moved down the street and each lift was $100.Several would have cleared but the jerk lifted them anyway, with a big smile on his face, hope his limp improves someday.

Quick ways to check:#1. website - Is it clear who they are and who to contact?