By talking more to the police, we found out that the main tenant had a long history of inviting guests in exchange for help around the house and that those relations would always turn tumultuous and that the police visited the house several times each quarter over civil complaints, suspicious activity, noise, drug related activity, and a bunch of other civil nuisance type of calls.

There's nothing preventing the former owner from qualifying as the prospective owner-occupant as long as they meet the strict guidelines for being a prospective owner-occupant as set forth in Civil Code 2924m(a)(1). 

Investment real estate is such a great way to build long-term wealth. 

For example, I know that Lima One will waive a property's seasoning period if you use them for both the initial hard money loan and the longer-term DSCR loan.

If you house hack as a Live-In landlord however, then you can live in any house, anywhere as long as it has a lot of bedrooms.

This contract outlines the terms of the sale, such as the purchase price, any contingencies, and the closing date.Ensure the contract clearly specifies that it is assignable.

Hi all,A long time ago Brandon Turner (@BeardyBeandon) mentioned his minimum criteria for investing was: * $100/mo/door cash flow* 10% CoC annual return I’ve used that as a guide since I heard that… thank you Brand Turner! 

Over the long run they save a boatload of interest by making that payment September 1st instead of October 1st. 

-As to rent payment, in Florida, a tenant would either owe liquidated damages (as stated in the lease or would owe rent that accrues during the lease term until such time as the landlord is able to re-rent the property on their account.

Apologies for the long message.