These same principles should be applied to anywhere you choose to invest.

This is better than not speaking with your aunt, letting the problem linger and likely worsen.From my experience, in New York, the ultimate decision will depend on many factors and Liberal judges (as told to me by others with way more experience in these matters) can rule in favor of someone with a sob story. i.e.

Some areas as better/worse than others, but that applies to everywhere.

I understand home designs are pretty expensive, and cannot just be applied to any lot/existing neighborhood.

Let's assume there is no CO obtained immediately after the sale (will do later after repairs are done), and no township or local-level inspections requested.Is the township automatically notified by the county of the sale or is there some mechanism by which they would learn about the sale and update their records, other than by the buyer telling them about it, or applying for a CO? 

@James KieferRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Question for those of you who have invested in DSTs, and then later applied for a mortgage:The mortgage lenders we've tried to work with don't seem to understand DSTs, which creates headaches trying to get a mortgage done. 

A good rule of thumb is this:  Be careful and fully understand the risks of "getting in bed with the government". 

This can be a game-changer, especially in neighborhoods like the South Loop or near revitalizing areas like Pilsen, where property values are expected to rise.Improvement Exchanges: Recent IRS rulings allow you to use exchange proceeds to make improvements on a replacement property while still qualifying for 1031 deferral benefits.

They are subject to liability if someone sues, and their license is subject to discipline or loss of license if you violate rules/laws and get caught.