The preliminary environmental reports came back with issues requesting that a full phase 1 & 2 were needed (super pricey, and still no guarantee), and that the lender was not comfortable proceeding.

How do you fill out a preminary ownership report for Los Angeles? I wanted to quit claim a property from a a single membership LLC to myself as an individual. Which transfer is valid as not to change tax status?

Hey everyone,I've just done some preliminary research into the Rochester area, and i've noticed some really inexpensive multi family houses. 

Hey everyone,I've just done some preliminary research into the Rochester area, and i've noticed some really inexpensive multi family houses. 

There is some uncertainty about how the market in this above area is handling the Pandemic impact, but I'm willing to wager that Government money and contracts + extra stimulus are keeping demand up.

If the county property appraiser's  website is any indication of the market value of my condo, then a HEL @ 80% of the value would give me about $75,000; a decent chunk of money, but with some of the preliminary checks I've done in my area, probably not enough to cover a traditional down payment, holding costs, and a reno.

Assuming that there is already a site plan with preliminary engineering and platting sorted out, what are some keys I should look for when screening for a good planning company to help get the approval we will need?

I am honestly not sure I will even go this route at all, but if I do, I have already started preliminary conversations with my attorney about this process.I especially hear you about CA specific concerns. 

Not sure how it would stand up to hurricane force winds but I'd wager better than asphalt shingles.

Most inspectors will want to peek behind the walls and you may have to pull all the drywall so they can see all the framing, plumbing, and electrical.Definitely adjust your numbers on the deal ignoring that square footage and subtract any costs that may be associated with demo or corrections from the purchase price.It might be worth just getting a preliminary inspection done by the city just to give you an idea of what it will take to get it approved.