For instance if there is a brand new kitchen but no permit, you could have problems...with resell value/future inspections/improper or dangerous work.

There also may be a deed restriction preventing you from reselling for a period of time, but those are usually for short sales. 

I can listen to books and educate myself on whatever I want while at the gym, in the car, etc.A couple I'd recommend to you based on your post are..FLIP - How to Find, Fix, and Sell Houses for ProfitThe Book on Flipping Houses How to Buy, Rehab, and Resell Residential PropertiesThis book is not currently available on Audible but a must readThe Book on Estimating Rehab Costs - J ScottBigger Pockets has become one of my best resources.

But the IRS also always gives themselves wiggle room if they decide that you changed the nature of the real estate primarily to resell it (like a developer). 

One of the reasons lenders don't like seconds behind them is in the event of a default they cant just get a Deed in Lu from you.. they have to prosecute a full foreclosure to remove the second from title so they can resell..

We are looking to remodel our home to resell and we are stuck on what to do with the floor for maximum home value improvement.Our one bed/one bath home has hardwood in the living room and bedroom, however, there are different styles of vinyl wood panel in the kitchen and bathroom.

Base case scenario is straightforward renovation, add class A amenity package, improve NOI and resell as a single asset. 

If you are indicating purchasing and reselling a property with extensive work performed in a period of 18mos or less, the liability microscope and recorded documentation at point of sale is gonna separate pros and joes .

I do a bit of everything, I buy (close with own funds or partners) and resell at a discount.

Are conditions improving or does it still make sense to sell your projects permit-ready rather than completing the project and reselling it?