But I’m reading through a lot of books and keep coming across the Americans with Disabilities Act, and how a tenant may make alterations to your rental unit to accommodate their needs.

I have also seen portfolios listed before at a "specific addresses".This is why my offer would have to be altered so much and so far below asking.

It's existing non-conforming which means you can't materially alter the existing footprint.

I have a GC, and he's gotten the following permits: Interior Demolition, Alteration/Building, HVAC, Plumbing, and Electric.

So the fact that the prior owner gave you a quit claim deed should not alter anything, although you will need to have the title company run a name search for judgments against the old owner.Spend the money and get a title search done, then buy a title policy from that same company.

Curious what my chances are of appraising $150k higher just due to recent sales in my area, without altering the structure.Any insight or advice welcome!

You will probably need to provide architectural plans and file a application to why you want to alter the zoning.

Jon, the main reason a potential buyer would not want to make a LoI binding is then he would be obligated to a agreement he may want to alter or revoke.

Altering the NOI and Purchase Price WILL change the CapRate for the buyer.

If you don't know why you're losing the deals it's hard to say what tweaks to make.Alternatively, instead of MLS vs. direct mail have you considered expanding (or altering) your search radius?