Most rehabbers that i know don't pull permits for anything other then serious structural work that changes square footage (room additions, expansions) and other new beneficial additions that need to be reflected on the title or public records (new HVAC with ductwork, changes of gas water heater to electric, etc).Hire a good good licensed contractor to give you an unofficial honest opinion for a nominal fee, make notes of everything he says, then hire an official inspector, see what he finds and also point out the things contractor mentioned to discus further.

Clearly, there should be value in adding this feature, and doing so properly and with a permit, so that it's reflected in the title, and i'm trying to gage how much would be acceptable to spend on central air.I've been quoted between $7200 and $16K for a 3Ton complete system, and while i don't always go with the lowest bid, i'm tempted to do so this time since i treat air as a "commodity" and not "finishings" and am at the tail and of a renovation.

Lastly, another ultra-wise investor @Tracy Caywood once commented to the effect of “a person can flip options in your Self Directed Roth IRA…Your account balance must reflect enough funds to cover your investment, otherwise it can’t be funded.

In part, this reflects unrealistic assumptions that were being made when these plans were put in place.

Or, it may reflect the true value vs. what you through.

#1 Everything I have read indicates that the penalty is supposed to reflect the amount of the violation.

I would also verify that those rents reflect market rates for the area and aren't inflated.

My gut feel is that in many areas the "inflated" housing price portion due to easy loan qualification (low doc, stated income, bad credit, etc.) has been squeezed out and that prices now reflect what people will pay who have and are willing to pay all cash.

Area is really nice and I think the home prices in the area reflect that.

I always enjoy these posts as they allow me to reflect back over the last couple weeks and think about what I accomplished and what I should have accomplished.