You want to make sure there’s no discrepancies.

Addition of a bathroom w/o permit is slightly bigger deal in that then there is a discrepancy from actual to the tax records, that a lender might look into...but thats rare.The only real concern is a fine from the city/county if they find you mid construction doing the worl w/o permits.

I bought it and have found PS to have discrepancies every once in a while.

If there's a discrepancy between what the PM and owner feels is reasonable, it may not be a good fit and I fully accept that.

If there's a discrepancy between what the tenant says and what the seller certifies, it should be ironed out before closing.

I'm puzzled by the apparent discrepancy in regulations. 

The correct valuation is what the market is willing to pay for it.You didn't provide any information on what cap rate you applied to your calculation or how you derived your NOI, all of which could play significant factors in the discrepancy.

Here's a controversial topic! As someone who's gone from being a financial advisor to a real estate consultant for the past 20 years, I've noticed a disturbing trend regarding newer investors more and more. Why are pe...

The challenge is when there is a valuation or property condition discrepancy, who is going to advocate on the buyer(s) behalf?

Title insurance is there to cover any discrepancies that the title company was not able to uncover and assures you that you have a clear title.