Hey Chris, just wrote you :)I've read your bio, sounds awesome what you've reached, good for you!

I have been reading books on investing in multifamily and how to analyze and underwrite a property.

We got the entire overage as the payoff on the loan was over $100,000To those reading this who are newer to the space - this is extremely rare and does not happen often and probably for many will never happen.

Properties meeting at least one of the following criteria will not be eligible for Citizens Personal Residential Multiperil coverage:Rented to guests more than three times in a calendar year for periods of less than 30 days or one calendar month, whichever is lessAdvertised or held out to the public as a place regularly rented to guests

There are a lot of reasons that is a bad idea.On the other hand, if you could buy the entire condo and turn it into a small apartment, there may be an opportunity. 

I have a few questions and need guidance from people more experienced than me. 

I am more than happy to connect and chat more about the market! 

No one will care about your property more than you, but building a good team will get close. 

Filers can also view informational videos and webinars, find answers to frequently asked questions, connect to the contact center, and learn more about how to report at www.fincen.gov/boi.

We are very new to the real estate investing world and still have a lot to learn!