If the Appraiser chooses to include converted living spaces as GLA, the Appraiser must include an explanation detailing the composition of the GLA reported for the comparable sales, functional utility of the subject and comparable properties, and market reaction.”I am a layman on this matter, nonetheless this is my interpretation: Unless this "4th Bedroom" has a permanent heat source, is completely finished out according to spec with the house, and comparable to neighboring properties with finished basements, then there is a good chance it will not appraise.

With people being potentially allergic to stings it seems like this could be a much more serious issue for you legally if something happened.

Hell, Athmar Park has a hip brewery, Chain Reaction, which I always take as a sign of good things coming.

You can show them the unit virtually and guage their reactions. 

My immediate reaction is that her son probably accidently stepped on it.. but what I dont like is what she said here:"So while I was focusing on the dated and worn sink faucets, turns out the bath faucets also have problems.

I wish you much success.First reaction to your post is to urge you to keep enough in the bank for a rainy day. 

My gut reaction is that doesn't make sense, that I'd rather just do conventional financing at that point.

Rachel Imhof Wow, so thorough and so great post, I could not agree more with #4, we have government contracts and when you say “we remodel government buildings” the usual reaction will say “oh that’s good money right there”, it is not, we spend efforts and spending a ton of time and money before and after a contract, chasing them and failed bids, then government tells you how much to pay workers, then there’s always that oops factor.

If having a "dangerous breed" is against a local law or ordinance, or if doing so would cause undue hardship to the landlord (i.e. getting your insurance canceled), or if there are a lot of children around, or someone who is allergic, those are just my opinion of what may constitute an exception.

What is your CPA's reaction - i.e. do they own up to their mistake(s)?