If Owner does not reply within the allotted time, Owner authorizes Manager to proceed with the repair to protect and preserve the Property, remain in compliance with applicable laws, and abide by the obligations set forth in the lease.You need to fire this Owner and any other owner that is stingy with their money.

Of course you would've been satisfied with a single but a Home run is always great.Question:  When you bought your first property, did you decide not to BRRR it because you figured it would be a more simple process?   

Would you suggest contacting the city to remain compliant or does zoning apply to DADU's?

The new tenant, paying well above mkt rent & on a 4 year lease, asked if he could pay to have garage door openers installed for the remaining 2 garages.

BUT - an important note for your underwriting process is that you'll now have 2 loans on each home - your HELOC and whatever conventional loan you used to pay the remaining 75%.

@Yoni RamrasThe inspection by the lender is done for value, not to make sure the permitted work is satisfied.  

Coops remain affordable for a 2 bedroom where you can get something in the 100k-150k range.

Here is what I always consider:TaxesInsuranceManagementMaintenanceUtilitiesRepairs (reserve for big ticket items)Once you have accounted for those items then see if the terms you get on the loan are less than the remaining funds.  

You can refinance just the one lot by itself to pay us off or sell it.Another option we have done is to re-appraise the part we are keeping and compare that to the remaining loan balance.  

She was declared guilty but appealed to the Circuit court and lost but then appealed to the State Appeals court and the court remained it back to the Commission for further clarification/prosecution.