Think about what areas outside of NJ you may frequent (think work, think extended family etc).

We want to renovate each unit one at a time, and we just notified a tenant that we will not be extending their month-to-month lease so we can get started on the renovations.  

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Timeline and Summary of Real Estate Experience with Altus IG Real Estate LLC / Altus Investment Group and Kevin DuganInitial Introduction (Approx. 7 Years Ago)My daughter and I attended a real estate expo in Los Angeles.We reconnected with my daughter's former schoolmate, who was active in real estate management and construction in Chicago.He introduced us to his company, Altus IG Real Estate LLC (also known as Altus Investment Group), managed by Kevin Dugan.First Property PurchaseWe purchased our first rental property.Kevin Dugan personally inspected the property and estimated renovations at \$30,000 (verbal estimate only).Over six months, we were billed \$59,000 in renovation costs.After delays and several emails, the property was finally rented.The first year yielded a 12% CAP rate with no missed rent payments.First Private LoanEncouraged by the initial success, my daughter convinced me to provide a private loan to Kevin.After one year, Kevin repaid the loan in full.Second Property & Second LoanWe purchased a second rental property and extended another loan to Kevin.Renovation costs escalated to \$75,000 without an itemized estimate.Escalation of IssuesRental income became inconsistent.We received invoices for unexpected expenses (e.g., cleaning and utilities that tenants were supposed to cover).Communication with the management team deteriorated.Tax documents were incorrect and required significant effort to amend.We began experiencing financial losses.Conclusion and Legal ActionWe sold both properties in Chicago, to halt further losses.Kevin stopped repaying the second loan—interest payments ceased completely.Multiple outreach attempts via phone, text, and email have been ignored.We are currently seeking legal counsel to recover the unpaid loan.The loan includes a personal guarantee from Kevin Dugan.Public WarningKevin Dugan presents himself as a real estate investment expert on Instagram.In our experience, his business practices were unethical and unsustainable—seemingly using new investments to pay off old debts ("robbing Peter to pay Paul").

I prefer not to have multi metered main panel, for a variety of reasons (with the cost being the bigget factor), I should not be forced to have one for the attached ADU I am planning.Would like to know if I have any recourse to this separate meter-panel requirement from PGE.Thanks,An@Ani Chat from my reading this exception to separate meters it is only for attached units that are either entirely within an existing building footprint or don’t extend beyond the dimensions listed in the state legislation.  

I know it’s uncommon but are there any lenders that extend lines of credit on vacant land? 

The lease is a standard California agreement that allows for a month-to-month arrangement after the initial term ends.Here’s the situation: the tenant has expressed interest in extending their stay only through the end of October, rather than signing a new 12-month lease.

If subordinate liens cannot be foreclosed upon in California, lenders will stop making junior liens and extending second-position lines of credit.

You’re definitely not alone in dealing with something like this.Since there’s no written lease, the law often defaults to how long someone has been living at the property and how they’ve established residency (like receiving mail, bringing in furniture, or staying for an extended time).

The location (85224) already has enough extended stay hotel brands that I don't think corporate tenants are allowed to book elsewhere.