If there's an accident on your jobsite (heaven forbid), you would be identified and classified as an "employer - anyone who hires or causes work to be done" and you could be subject to comply with OSHA regulations for the construction industry.  

@Aaron Brown Yikes, that is a little concerning to hear, the particular neighborhood I'm buying in was classified as B+, and it is just east of Cedar Ave (I assume you meant Ave and not St). 

Let me know if you need help deciphering that word vomit :)*Edit - if you can't fall under the safe harbor, you should still try to time the repair toward year end to provide more flexibility in classifying it as a repair vs. improvement.

My last four houses have been in flood zones and it had no effect on the sale of the properties.If you think I am on a coast somewhere the properties were actually in the desert  of Palm Springs, Indio area, The flood zones were classified as once in a 100 year flood zone, Also to mitigate the insurance requirements you just have to submit a elevation report some on file with county some had to pay for. 

If it's acreage you may classify it as agricultural which can fall under a commercial loan, same is true if the buyer will be using the property to further a business venture, in such case, you're exempt from such origination requirements. 

Available at: http://files.consumerfinance.gov/f/201301_cfpb_final-rule_servicing- tila.pdf. 9 PROPOSED REGULATORY PRUDENTIAL STANDARDS FOR NON-BANK MORTGAGE SERVICERS IT Security Risk Assessment encompasses:  Identifying the data that needs protecting;  Identifying the entity’s outsourcing strategy;  Classifying and ranking sensitive data;  Assessing threats and vulnerabilities;  Evaluating control effectiveness;  Prioritizing risks;  Assessing the probability of an event occurring, and the impact the event will have; and  Identifying gaps in internal controls.

Lenders, however, won't generally classify it as an investment property for debt to income ratio purposes until there's 12 months of seasoned rental payments or more AND it's declared on his tax return as an investment property. 

For me, I find my listings every Monday in the legals in the classifieds of my local paper.

I find my probate leads inthe legal section of the classifieds.4.

The reason I ask is because I was reviewing a report with local zip codes that are classified as buyers or sellers markets.