The elevations in the plan will be sufficient for the lender and your Architect will be able to produce renderings if necessary.

Just wanted to hop back onto my initial post and say that it looks like I was wishfully thinking about this, however, the EIDL seems to be an attractive option. 

Realestate here in LA is pricey and not too sure how much cash flow it would produce.

I'm so grateful that this thread has attracted experienced heavy-hitters who can help us all understand what's really going on in the money game and learn how we can possibly make it work for us as investors.Mostly, I'm just sitting here with my bag of popcorn waiting to see what happens next...

And if you want to be a top producer like Chris and I then you are surely putting in a lot of time.There are lots of rules, regulations, guidelines to keep a track off.

Now there is one unit that is attracting all kinds of “activity” at all times of day behind the unit.

Eventually, you run out of cash to invest and have to wait for those investments produce positive returns.

There not in horrible shape but to rent them they have to be desirable to the renters so they can be marketed well I don’t know if half Reno will attract the right tenants.

We can have 2 income producing properties but she wants to put the 20% down on our home instead.

Why is it more attractive than the traditional method?