Depending on the size and scope of the project, an architect may need to provide a more detailed set of plans to get the necessary permits.

People really value a spa type of treatment and depending on where you are, it could make a real difference. 

but, it's not going to be "profitable" for several years, depending on how you define profit.you'll have a down payment, then closing costs - which new investors always seem to be shocked by - then potentially some costs to get a property rent ready, then you'll pay a month's rent to get it listed and rented out, then you'll likely have some repairs after the tenant moves in.  

Actually fairly common, depending on what you're looking for property wise going forward. 

It really depends.   

Depending on the construction, you have to do major upgrades on electric, plan for plumbing for apartments which may not be permitted in the area for the sewer or septic.

Depending on these answers one lender who charges 3 points could theoretically have lower total transactional costs than a lender who charges only 2 points and its important to understand all fees associated with each lenders origination process. 

I think it greatly depends on your strategy.

@Ahshar SylvestreIt really depends on the violation and extent of the violation.

Hey Randall,Your question totally depends on your goals and situation but rarely is it best to lose $200 a month.