Who knows if that is true or urban ledgend.HUD (Housing and Urban Development) the people who bring you the lending industry, seem to think it's okay.It's line 503 on your closing statementClick to enlargeYou can click on my website link below and see a whole slew of Subject Tos we've done I'd be happy to answer any questions  With respect, there is a difference between having an available line on the settlement statement versus approval of any action.   

If you have any questions or need anything, please feel free to reach out. 

If you'd like some help, feel free to reach out and I'll show you how I analyze new markets for my acquisitions. 

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Happy to chat if you have any questions, feel free to reach out.

I very very rarely hear of anyone happy with a set-up like that and the occupancy is usually around 30% after the first few months.

I think part of that is they keep the facility in good shape in part by restricting what people can do to it.I can see getting dinged for a crappy looking thermostat, but as long as the place gets warm when you turn it up, I think they'll be happy.

Feel free to shoot me a message - let's connect!

I travel to New York and Los Angeles for capital raising but happy to look at local partnerships.

Feel free to connect if you need any advice, best of luck!