Many factors play into determining value, not many comps would have such a facility, the style as adapted to the home is considered, the functional utility as a residence may be less as well.I'd first call your zoning people and see if 5 or 6 kids requires a zoning variance.Having daycare services or other business activities in a residence is possible with conventional loans, but you can cross the line depending on the perceived liabilities of a business, any significant modifications to a property, public access and other aspects can cause financing issues.

They were trying pull one over on the landlord and he's not playing.

At least that's how I like to play :)

,What you are saying is going on all the time, but everyone plays a low key on the non-profit and, once you are up and running the government are willing to loan to a non profit.Joe Gore

Play dumb, ask the agent what the deal might be, are you going to move in?

I feel that this borrower is an investor, there is no house that will be lived in, thus Dodd Frank is not in play.

Houston is a very large market - plenty of room to play.

If she is on the title how can that situation play out if he does want to sell?

He did say non-essential personnel....so technically, we could still meet considering we play a key role in the local housing market

@Mike McKinzie I agree with you on Indianapolis and Kansas City but I think Atlanta has been played out like Las Vegas and Phoenix.