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
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

3bd marketed as a 4bd???
So I’m looking at purchasing my first rental. It’s a 4bd 2ba SFH here in the North Las Vegas area. After the inspection it turns out and addition to the house has blocked off what used to be a window of one of the bedrooms. The inspector told me to be considered a bedroom it has to have a closet and a window. On the assessors page it says 4bd so that addition might not have been permitted. The agent and lender say it’s not an issue but I don’t want to find out later that it can’t be rented out as a 4bd and would be a losing investment. Should I just back out? I’d appreciate any feedback from the veteran investors.
Most Popular Reply

I'd walk away. This house has lots of functional obsolescence that can't be easily cured.