I am hopeful that MAREI and other entities will have clarification on how a landlord can and should utilize this ordinance.

Only in the last 3-4 months has he said he's seen some light at the end of the tunnel and they're starting to see minor insurance premium relief on properties, but it's for the best of the best assets (New construction, concrete block, 250+ units, etc).

If we didnt have these things I'd be hesitant to get started in long distance.

They would pay all utilities and maintenance on the property and provide 2 months security deposit. 

I then recently moved into doing flips, JVing with other investors, and I’m ready to start flipping independently since I have gotten experience.I’m a big fan of the more local the better, given, they will know the smaller markets as well as the big in my city; however, I am open to lending opportunities farther out. 

I have just started some discussions with them but am also looking for feedback if anyone has actually closed a deal with Insula Capital?

With that, having properties de-leaded is something that any investor should very much consider as all of these programs will require it.Like Dan mentioned, a lot of properties do have separate utilities.

You CAN start the process and even lock your rate and have everything ready to close on day 12 months +1. 

Some buyers do utilize second home financing options to secure their vacation property, which is nice because it allows the applicant to go up to 90% financing on a full documentation loan. 

I think a lot of folks especially on BP that are kind of starting their journey are really only able to start with 1 to 4 units B/C thats easiest to finance and qualify for..