Try not to tie-in substantial lessee improvements with the option exercise.5.

Here are exemptions to Due on Sale(d) Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon— (1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property; (2) the creation of a purchase money security interest for household appliances; (3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) the granting of a leasehold interest of three years or less not containing an option to purchase; (5) a transfer to a relative resulting from the death of a borrower; (6) a transfer where the spouse or children of the borrower become an owner of the property; (7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property; (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or (9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

Swimming pools, exercise facilities, and playgrounds should be limited to tenant use only, and be properly maintained.

I will also get to exercise my scrubbing muscles cleaning the kitchen, which is currently coated with a layer of grease, presumably from the 3 deep fryers in the house.

If you wait say another 30 days...just because....you haven't exercised that right.

If yes, a lender will never exercise due on sale if the loan is current.

hello all, I'm a veteran, and I just landed a client that is 100% disabled, in my efforts to exercise due diligence in regards to his best Interest,(he's a buyer) I need to know what all I should look for, in regards to giving him the best representation, I know that his funding fee will be refunded(if he's charged one) and that he should have zero tax liability, but is there anything I'm missing?

It would be an exercise to put some of the knowledge to action! 

For fun, put in a time range in your spreadsheet that includes the end of February 2016, and then calculate the bill for that time range by hand and check that against the spreadsheet.If you have found the Fountain of Youth, also repeat that exercise for the end of February 2100. 

Most I'm aware of will let you finance 10 properties with them no matter how many other financed properties you have elsewhere.Line up other portfolio lenders that fit your needs so you exercise you plan and make it a successful year.