Hello,If I'm doing month to month rent and I want a tenant to leave by law can I ask to leave because I have renovate home wgich will take weeks, is this possible by law and do I have that in writing and give them explanation on what will be fix in the home?

Now worth about 1.1-1.2m.We also have a decent amount of liquid cash in savings, but a lot of that will be going to our new primary residence that we will purchase in about year.Does BRRR make sense for us?

@Chris Mendoza Hello.FHA is for primary owner-occupied residences only.

You are trying to justify this property as an investment when it’s not, it’s a primary house.  

Since this was my first primary residence, I didn't consider the cash-flow potential, however it was a top-floor, water view condo with it's own private roof-top deck, so I felt it had intrinsic value.

Since this was my first primary residence, I didn't consider the cash-flow potential, however it was a top-floor, water view condo with it's own private roof-top deck, so I felt it had intrinsic value.

The primary driver is what your individual facts and circumstances look like. 

I don't want to buy a property with a handshake agreement that a bank will give me a loan, I want to be able to calculate the DTI the bank cares about and see when I am near that target.Income:[Day Job][Schedule C side business][Rental Income 1][Rental Income 2][Rental Income 3]Debts[Primary Mortgage][Rental Mortgage 1][Rental Mortgage 2][Commercial Loan for Mort 3][Minimum HELOC payment]How would an underwriter actually use these pieces to come up with a decision on whether they would loan to me?

In my experience the lienholders who are not first in line are just happy to get anything out of the process, because most likely if it heads to foreclosure (which is almost imminent once a property owner pursues a short sale) the primary lienholder is the only one who will actually get anything out of it. 

Related, can she offer seller financing on her current/former primary residence?