Obviously, all lenders must follow all applicable state and federal laws, but they are generally free to develop lending criteria that suits the marketplace place and establishes their individual competitive advantages.

Then, if they don't move out at the end of the lease term, you can immediately file an eviction suit.

What people in lawsuits really fear is emotional damage or continues suffering, those type of lawsuits have no caps, compared to something like missed work, or a broken arms, that already have  set pricing and value.Insurance company likely will handle this case easily if a suite comes up, settle out of court with a small payout not even worth chasing.

What are the opinions of Biggerpockets concerning BRRRR’ing a Mother-in-Law suite type property?

It looks like one of the suits was dismissed (probably because the landlord couldn’t serve them and they probably moved out), but a couple of the suits went all the way to judgment".That said, how would you proceed?

How can I find advice on figuring out the least expensive type of non-conventional financing that suits our situation (830 FICO, good income, experienced landlords, other properties with decent equity)?

Here a California : 4590 MacArthur Boulevard, Suite #210 Newport Beach CA 92660Tax Title Services (949) 835-3963

Investment Info:

Single-family residence buy & hold investment in Sneads Ferry.

Purchase price: $267,000

Cash invested: $20,000

5 bedroom 3.5 bath that I renovated into a 5 bedroom 5.5 bath. Ori...

Would it be better suited for me to have a few properties in mind, with what actually needs to Reno'd, bids from a contractor, and approval from the seller that they are fine with a delayed closing date?

Maybe in your jurisdiction, but properly documented businesses avoid personal liability in a majority of suits.