The size of the septic tank and drain fields are usually designed per # of bedrooms & baths as an assumed # of occupants are allowed.

Co-ops are really meant for you to be the owner occupant, so most buildings have restrictions on your ability to rent out the apartment once you move out.I would definitely encourage you to familiarize yourself with the difference between condos and co-ops.

I gave him until yesterday at 5:00 to refund my money or I was reporting him to Virginia's Dept of Professional and Occupational Regulations for not having a license.

The way you currently have the numbers, you are showing occupancy only 11/12 months.

If it truly provided some service, one of those occupants would be griping about not being able to have that dog.

I would rather do lease options with an owner occupant rather than doing business with another investor doing the same thing I am doing.

What if right after he'd bought we had a big shock to the economy, and a recession with dropping occupancy?

Disgruntled tenants have no limits, and are happy to report your "illegal" anything, so make sure you're doing this by the books.And I'd advertise it as a duplex once the permits and occupancy certificate are granted.

Grats on your home @Christos Philippou.For context, occupancy fraud is the most common type of mortgage fraud.You're focused on the institutions in your post, but I'd argue in this case it's more about the folks you are working with.

What do they see them selling for per unit, what is the market occupancy rate.