Some of the areas that we invest in have some clauses in their zoning forbidding more than 3 individuals unrelated by blood or marriage from occupying the same unit. 

Quote from @Chris Seveney: This really boils down to each individual situation.

The insurance would not be valid for two reasons:1) the insured “individual” is no longer the owner2) the insurance was for an owner occupant, not a rentalMost people DO change the insurance to reflect the llc as owner and as a rental.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Concealed Involvement of Barred Individual: Ron Fossum is barred by the SEC for a similar, $20-million-dollar financial fraud and his involvement in Norada Capital Management is concealed.4.

@Jon Paul @sunnyI’ll add you to the list.Jon feel free to reach out if you need assistance identifying a new AIRBNB, my partner is a licensed broker in the Poconos.

Read: The millionaire real estate agent; Hyper Local Hyper Fast AgentWhat are some effective ways to network with individuals at all levels?

So while you may get several numbers for an individual, not all numbers will still be active for that person so the total accuracy rate will go down.

If you ever need advice or assistance with financing, deal analysis, or anything else, feel free to reach out.

Let me know if I can assist in any way, and congrats on the new baby.