I am planning on replacing the fuse box, but I am wondering what other work this may trigger.  

Interested in making an offer on a 2 family in Lowell, Massachusetts. I don't have too many details about the property just yet but it appears to be making money. I'm trying to get my ducks in a row as it relates to f...

What are folks recommendations for reducing personal liability, purchasing liability insurance, and renting this place out without triggering a due on sale clause or similar?  

I almost pulled the trigger on a $490K SFR in RSM with the though of house-hacking.

Unless you have some auto-triggers in your lease with regard to increases in rent or utility coverage (if paid for by the Owner) then a 2yr lease may not be a wise decision.You also want to stagger your leases so that both are not coming up for renewal at the same time (I like a min 3mth stagger).1yr lease gives you flexibility to rid nuisance tenants, slow payers, increase rents, etc. 

I'm on the verge of pulling the trigger on ProspectNow.I would like to hear a review with some specifics, especially someone who really worked it.  

There's always less risk, in the event of a law suit or injury which could occur on the property.

Is there a weakness in the wording of our PoF that triggers this reaction?

You have had other threads addressing this.By law, any lease over three years or any option is the transfer of an equitable interest and can trigger the due on sale clause.5K is not a ton of cash, 40K is close to a half a tone, a significant amount, an amount that if someone gets messed over by your lack of knowledge, they may well be ticked off enough to go get an attorney, if it's 5K, such action is not really worth it.

Rob, I think you would trigger the due on sale clause, but these forums discuss buying property subject to the existing mortgage, so maybe search that phrase and see what it says and if you could use it.NOTE FROM MODERATOR: Please see Rob's post below.