so when you move in it is that basis that is still applicable. 

There is a city ordinance limiting unrelated occupants to 3 per unit.

@Ken Nyczaj The postal site information on the CRRT is limited.

@Michael Ehmann @Johnny Kang @Monica Pina @Erik Anderson @Joe McCarthyFigured we give this fun threat a restart...September:Accomplished: - Had our annual consultation with our accountant- Got another LLC going to purchase a Duplex with- Finalizing an application for pre-approval with Lima Capital- Collected about a dozen Duplex addresses by Driving for DollarsFell short:- Only made one offer for a Duplex in the past few months- Did not do enough Driving for DollarsPlans for October:- Submit more offers- Analyze more Duplex deals- More Driving for Dollars and sending out direct mail to the ownersLooking forward to hearing from everyone!

Very practical differences between two people forming a general partnership, limited partnership (unlikely), or LLC (most likely) for this type of thing. 

There is free software out there that will effectively market your property, screen tenants, price your rental based on comparable properties, provide renters insurance and online applications, etc.

Hello,I have 6 investment properties overall and am having difficulty obtaining a-line of credit on one of them because of the banks’ limit on how many rental properties you can have to lend to you.

The condition of homes newer than 1978 will determine if they still qualify for financing, plus many lenders will have their own 'risk overlays' in addition such as they may require the home be even newer than 1978, some limit them to 15 or 20 years old. 

That is information the potential tenant should provide on your application. 

I do wish there were more transparency, like allowing non realtors limited access to the MLS.