Fix-and-flip or builder’s risk insurance should be in place before work begins, and confirm your contractor obtains all necessary permits to avoid delays.

Annual "Permit Fee" of $42 annually for 2025... any insight appreciated.

And I have below clause in the leaseRental Application: Only those people indicated on Tenant’s rental application are permitted to reside at the Premises, with the exception of any minor children born to, or adopted by, Tenant.

Permitting for additional bedrooms and garage conversions requires compliance with zoning and building codes.

Double check on permits if the previous owners has done a remodel.Do not rely on agents representation.Do not work with a dual agency as a buyer, the agents first commitment is to the sellers.Allow at least a year of seasoning before determining the profits of an investment.Happy to share.

As long you work permit visa (H1B OR F1 etc) then you will be able still get qualified with a conventional loan.

@Akil MitchellFrom my experience, when buying a property, it's crucial to assess local building codes, potential de-conversion costs, and permit requirements.

Duplex have different zoning that may permit additional units.

- Commonly Allowed Pets: Which types of pets do landlords typically permit in rental properties?

If the borrower themselves need weeks / months to get plans and permits for construction, and does not provide all docs in a timely fashion, we can only go as fast as the borrower provides what we need. 2.