Is something like that every allowed?

In Massachusetts, they allow removal by almost anyone as long as they are properly bagged, tagged and disposed of properly. as far as painting is concerned, don't sand or scrape them.

Some will even give you a credit line up to 90%+ of home value.It would allow you to access a lot of that equity to use for down payments or cash buys.The downside is that HELOCs are usually floating rate.That’s probably the easiest way to minimize fees, keep your properties performing, and expand the portfolio.

I'm aware that HOA's along with surprise assessments can kill margins and not all complexes allow non owner occupancies, but with all that in mind, I want to hear a little bit about markets these type of apartment complexes are thriving in.Keywords: Fresno, Sacramento, Arizona, New Mexico, Texas, Las Vegas, FloridaThank you in advance for the feedback!

A HomeStyle loan would allow 5% down of the purchase price + renovation costs. 

Don't allow him to wander off on drama filled tangents.

I do wish there were more transparency, like allowing non realtors limited access to the MLS.

That being said, you can overcome some of the challenges of distance with technology, such as if you receive video (or photos) along with maintenance requests from your out-of-state tenants, allowing you to keep some visual on your property from a distance.If you are comfortable with distance, there is a price-to-rent ratio that may come in handy for you and end some of the analysis paralysis.

When the new owners bought it, they got a new rental license on the property that allows for 2 unrelated people or a family on each side.

If so you need to double check as for primary residences balloon mortgages may not be allowed under current laws