I know at least a dozen ways to completely screw up your property without being able to ever pin it on meCut this guy loose as soon as possible.

So because of that, it seems that we are bound to allow the animal.We ended up charging pet rent as per our lease ($10/day for unapproved animals) for the time the animal was in the house and they seemed accepting of that and have already paid.

If you loose the house it’s worse than his legal trouble. 

First and major item was someone could feel they snatched a great deal at sheriff auction, just to loose it to me 6 months later when I executed on redemption.

Our preferred lenders at The One Brokerage have talked about hybrid loans, basically taking on a second so you do completely loose the grate rate you have. 

The issue I seem to be having with this strategy is that most municipalities do not allow an ADU to be used as a short term rental.I am very much a novice with the idea of converting part of a home to an ADU so please forgive me if this is a silly question but it seems in order for me to str an ADU my only option would be to not actually convert it into an official ADU but rather section off the space and not include a kitchen.Am I correct in assuming that if this were the case I would not need an ADU permit and therefore not be bound to any laws preventing the use of any part of home as an str (with the exception of local str laws of course)Thanks so much for your time and any advice on this.David  

Otherwise the property would be loosing $500 month. 

The business plan can be found (loosely) in the book Millionaire Real Estate Investor.  

Normally once you turn it into a rental you loose the exemption.

I have heard examples of people with 8 figure net worth being turned down.1) if u have a larger Brokerage account u can get a asset backed loaned from like a Schwab or fidelity2) go to small community bank credit union that will not sell the loan, they won’t be bound by the same underwriting guidelines of a traditional product.