This makes me call paypal right away to find out what is going on.PP tells me that indeed my tenant needs an account to continue paying her rent every month, even though it has been going smoothly with her for about 8 months now.

If you start doing a complete gut and remodel then you may need to transfer to commercial use.Speaking of C2 zoning, this sounds to be a transitional property.

So how I see it, if you are an open book, keep clear records, then in the event of an audit things should go smooth and you should have nothing to worry about.

Use google and search public transit or 511.orgWould you be interested in meeting up in the East Bay with BP members in the future?

Here's my question: I know that I would have to add value to his operation that already seems to be running quite smoothly, but how should I approach this.

I am very interested in learning how others managed the transition between "retiring" from their regular job to doing real estate full time.

You said it is across from Wal-Mart.Any chance the corridor is changing as usually it will mainly go commercial when a Wal-Mart plops down.You could check and see if your property is in a transitional zone.

If the bank calls the note, i just pay them off.How many of you started off buy and hold and transitioned to seller financing deals?

Been a buy & hold SFH investor since 2000, but looking forward to transitioning into multis.

There has been a large investment by local agencies in the last three years to buy adjoining land for a park expansion and some significant commercial redevlopment planned within half a mile (including mass transit) within the next several years.