This is allowed in CT.When Do Landlords Have To Return Security Deposits?

If you use this setup you will be turning passive rental income into active income which means you will pay higher taxes. 

That tax advisor should be able to answer this better for you based on your current tax situation.

The husband would like to stay and get a roommate.My question for you is would this give us grounds to discontinue their lease if they need to move in another person to be able to afford it?

This is causing a huge influx of people moving here for jobs.

I visited Fort Wayne this past weekend to research the neighborhoods and get a feel for the market.

@William StromGenerally speaking condos can have higher HOA fees compared to Single Family Homes, so this can sometimes translate to less appreciation, but that can also mean a lower purchase price, so you can sometimes get better cash flow on a condo.

@Jody MartinezYou can pull the permits typically for the GC but not for trade permits. but if you do the work are you going to disclose this when you sell that you hired unlicensed contractors and notify your insurance if same?

Hi @Suhael AhmedIf I have any recommendations for you it would be to used this website.

What made you interested in investing in this type of deal?