This is recognized by financial planners, bankers and other experts from coast-to-coast as a valid strategy where it meets the consumer's need.I don't take ANYONE at their word because of their age, sheep skins or experience. 

If the building is currently recognized as a single family residence,  then you are changing use and presumably will need to sprinkler the building and satisfy other fire rating and STC rating requirements not to mention the added costs of having to run mechanicals for multiple units, multiple kitchens, additional bathrooms etc.  

Renting and eating the loss is a gamble on future rent increases, but the market and high costs might not make it worth the stress.

Should I gamble on this or look into how to file a class action lawsuit against the State of California and the Judicial Council?

Despite the Ohio Building Code recognizing the basement bedroom as a legitimate bedroom, the appraiser did not include the basement in the general living area (GLA) and didn’t assign much value, if any, to the additional finished space.Has anyone dealt with this challenge before?

Doing Build-4-Rent without all this, is GAMBLING not investing.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Given the legal challenges that can come with Foreclosure, I recognize the importance of having an Attorney involved for the Foreclosure process.

A lot of investors when they start to scale keep the numbers, but don't recognize the duds in the bunch.

I feel it's a start of getting them recognized for the wrong they are doing to others and taking their money.