Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Renting unpermitted units
I'm currently in escrow on a property in Ohio. It is a fully rented duplex with an attic conversion that is also being rented out. It has it's own gas meter but it shares electical.
What kind of risk am I exposing myself to as a landlord? I've heard stories in CA of leases not holding any weight if it is for an unpermitted unit.
Has anybody had any experience with this situation and do you have any advice?