SECTION 8 ANALYSISSection 8 Rent permitted            $1785.30Subtract Utility Allowance             - 468.00    Actual Rent Charged               $1317.30Subtract Mortgage                         - 500.00Subtract Prop Mgmt Fee               - 131.73Subtract Taxes (20%)                     - 263.46Subtract 10% Vacancy                   - 131.73Subtract 10% Cap Ex                      - 131.73            CASHFLOW TO US             $ 158.65STANDARD LEASE ANALYSISMonthly rent (asking amt

That no additions or remodeling was completed without a permit.

I am glad because the permits and requirements would have much tougher.

Only thing better would be initial deposit and then paid in full upon Certificate of Occupancy and punchlist complete.Of course, standard items should also be checked: licensed, insured, willing and able to pull all required permits, reference checks.I would also commonly avoid the cheapest bid you get.  

We also learned that the house had failed or not received many of Baltimore city’s permits and inspections.

Is the property priced appropriate for a purchase that does not permit financing?

Duplex have different zoning that may permit additional units.

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

I still don't have permits after a fire and things were submitted in March for applications.

Currently, the contractor is demanding $44K upfront to resume work and complete the occupancy permit, promising to discuss the additional costs afterward.