Check your declaration/covenants.

Pay stubs, bank statements, tax returns, permission for the lender to pull tax returns, copies of insurance declaration pages, mortgage statements, the list goes on.If you're planning to buy multiple properties, keep current copies of all these papers in a folder for easy access.

1. leave the un permitted addition as is, but ensure it is safe, and declare to the next buyer when done rehabbing2.

Nice muscles.

I also learned through BP how people can declare bankruptcy and investor could be stuck for 1 year.

But these provisions were declared to be unenforceable by the state Supreme Court in Grafton Partners v.

(You may know this, but after 2 years as a landlord, the bank would allow you to declare a portion of the rents as income.)

The development has a "declaration of rights, restrictions, easements, affirmative obligations, management agreement, and conditions" which seems to be intended to maintain the multifamily residential usage and branding for the complex.

Now they are reviewing my condo declarations and amendments to determine coverage.

'standard' contract (Revised 7/2013) has a checkbox on page 6 (of 11) under SELLER REPRESENTATIONS that allows for Ownership declaration via a checkbox: "Seller represents that Seller:... does not yet own the Property."