should I know about past building Permits

[William G.]

Hi all

On the verge of purchasing my first real estate investment property, I am going the route of fix and flip, purchasing a single family house from a wholesaler, as a pre-foreclosure, and sold as is.

It appears to be a great deal with a very good return on investment, I plan on keeping tight control on the repair cost and scrutinize everything. 

There are several big tickets upgrades,  the addition of powder room / breakfast nook,  and  200 amp electric service.    Question:  should I investigate whether these items were properly permitted,  inspected and closed out??  what is my responsibility

Thank you for any insight you  provide