It's always amazing to me how they like to keep the fee logic so clandestine in most of the major sites just to prevent people from asking too many questions!  

I am sure they would love to act in a preventative way to keep people that hoard safe...imagine trying to rescue someone in that situation!

Hi all,Hope you can shed some light on the following and perhaps help prevent a mistake that a good friend of mine might be in the midst of making.

Your gall is astounding.

The IRS rules prevent you from converting a primary residence to an investment property, then claiming a tax loss on the sale, effectively converting a non-deductible personal loss to a deductible investment loss.. 

Also, FHA has an obscure guideline to prevent job hoppers from getting a loan.  

This prevents resentment and hostility from (possibly) building up over who's turn it is to do or clean what. 

I went over an spent the day securing all doors/windows permanently shut to prevent more fires and or damage. 

A complaint(s) filed from the neighbor will prevent you from renting out. 

check with your attorney, hire a manager in to prevent this in the future, portfolio management for 50 units is cheap and worth every penny.