The work may have been completed without permits which can be a major red flag and could cause problems in the future.

This is about half of Fannie Mae’s previous allocation.The second major change, according to Aly Yale of Motley Fool, is that: “The new standards will require borrowers to go through the GSE’s Desktop Underwriter (DU) program...All second home and investment-backed loans will need to receive an Approve/Eligible recommendation through this program and have their loan delivered as an official DU loan in order to qualify.

I know that there are major regional variations in costs (especially land), and building materials (and labor) are much more expensive than they've historically been, but I'm starting to think that a new build might come out more favorable than an existing structure even so, given that the prices on existing places is so high.I'd like to build a standard class-B property with 4 large-ish units (1200sf) within commuting distance to downtown Phoenix.  

@Adam Putman @Troy GandeeBelow are the waiting periods for major credit events:Fannie Mae and Freddie Mac:Chapter 7 or 11 Bankruptcy:4 years OR 2 years IF extenuating circumstances.Chapter 13 Bankruptcy: 2 years from discharge date OR 4 years from dismissal date.Multiple BK filings: 5 years IF more then one filing within the last 7 years.Deed in Lieu, Pre-foreclosure sale,charge off of a mortgage: 4 years OR 2 years IF extenuating circumstances.Foreclosure: 7 years OR 3 years IF extenuating circumstances, Max LTV is 90%, purchase or rate/term of primary residence ONLYFHA:Chapter 7 or 11 Bankruptcy: 2 years from discharge date.Chapter 13 Bankruptcy:2 years from discharge date OR 12 months with satisfactory payment history from Court.

We know of some properties that are less than 100k and rent for 1k a month but they aren't anywhere near major cities.

For O'ahu, vast majority of legal STR's are in the hotel district of Waikiki.  

Put a sunset timeframe on it and, in my layman's opinion, you have the primary elements.This is where I am saying you can either deal with the major elements, or hash it out to death legally. 

then you can go for a variance or non conforming use hearing and see how they react.but if the Major actually called you..

I’ve got a major decision to make about a tenant who hasn’t been cooperative about paying rent during COVID-19 /much of 2020.

- Most property managers are familiar with low-income housing vouchers, but very few have any idea how to work with them, or how to oversee a major renovation. - When investing out of state it's better to have a larger property management company that has someone available to take over in case the primary manager is unable.- As soon as a property starts having any trouble get involved and as proactive as possible to turn things around.