In order to subdivide the homes to be able to get a conventional loan we would need to connect the houses to public sewer which is likely to cost $$$.

In order to subdivide the homes to be able to get a conventional loan we would need to connect the houses to public sewer which is likely to cost $$$.

This house was very nice and clean (build later 1980) My tenant recently claimed there is mold on 1fl (it is like basement as there is no window, it is next to garage) When i see, the mold is not only one area but it seems widely spread on the ground floor (laundry room, wall, celiling etc) Since it is OOO investment, it is not easy to deal with mold issue.

Any attempt to expand or change this market would likely need to address these structural characteristics. 

I'm ignoring it because it sounds suspiciously like a marketing ploy.

However, I have a feeling they might be hesitant to provide one.Since this is my first out of state investment, I'd likely walk away if the tenant turns out to be difficult.

It might not seem like much at first, but over time, it will pay off.

@Sharma Parth It doesn’t sound like the scope of work you described would require a CO.

Then it sounds like the seller doesn't really want to sell.

Quote from @Andrina Maximin: I finally want to dive into put my training wheels to the test, I'm looking into investing in Ohio, and would like to know has anyone used a DSCR loan?