First offer, but...

[Jason Rivera]

I made my first offer on a single family home to flip.  The agent still hasn't submitted it yet and I'm getting organized for the due diligence phase should the offer be accepted.  There was 1 fairly big issue that I started researching and that was the height of the basement. I'm 5'7 and had to duck. I found some info that Philadelphia requires basements to be 6ft. While I would love to do something about this basement, if the offer is accepted, my guess is that the cost will blow my budget out of the water. If I were to purchase and do nothing about the height, what, if any, kind of issues could I expect? Could this be one of those cases where the home could be sold to me because that regulation didn't exist when the current owner purchased but any renovations would require the fix to be included?