Hi Lisa, yes and it can be an extreme pain.You'll usually have a local historic preservation association, hopefully there will be an executive director that you might work with who has the authority to make decisions, otherwise they may dictate by committee, a horrible way to get exceptions or approvals.Being on the national register means restrictions to repairs and improvements must be like the original or as near as the same as possible.

The Property is in ____________________________ County, and is described as follows (If lengthy, attach legal description):______________________________________________________________________________________________________________________________________________________________________________________________________________Address: _____________________________________________________________ Zip: ________________It is understood that the Property will be conveyed by General Warranty Deed (unless otherwise required) subject to taxes, existing zoning (unless otherwise specified in paragraph 16), covenants, restrictions and easements of record.1.

Having rentals does restrict your choice of lenders but they are out there.If you are buying in CA, inbox me and I can share my broker name with you,

@Aaron NordgrenThe condo fee, special assessments and restriction on rentals are usually the 3 factors that kill it (a condo) as a practical positive cashflow investment.And I always say if it don't cashflow, its a no go.

The smaller street off the front yard, just got a fresh new layer of pavement mandating a five year moratorium restricting cutting into the new asphalt.

MHPs are a unique type of real estate investment and you'll be working under tight time restrictions with a 1031 exchange.

I have been involved in several deals with completely unrealistic appraisals for a variety of reasons, such as lack of comps, the type of loan used for financing which can stipulate different valuation models, or a flat out bias by the appraiser against dirty/dingy houses.The only value of these types of courses may be to tighten up your ability to make adjustments to available comps.

You'd have to check your local zoning laws to see exactly what that designation means and what the restrictions would be.

I did however pick his brain enough to be able to figure that there are no restrictions or reasons as to why I couldn't do the whole job myself.

Wells are also restricted, so water utilities are a big deal.As to contracting, you could buy and close in 2 weeks and cross your fingers speculating or you might negotiate a closing 90 or 120 days out with contingences that your requirements be met along with seller's assistance.Get with a developer and just have an initial meeting, that should be free.