These may all have to be mapped and approved by the agency, authority, having jurisdiction.

@Vito DiIennaWhile I have not had to get a Letter of No Objection myself, if I had to do it, I would go right the the DOB, go into the Office that you can get an official Cert of Occupancy and ask them what is the procedure to get the letter.Normally, you will need to provide evidence.

Collaborating with local officials and aligning the project with community needs can streamline the process and increase support.Challenges: A significant challenge has been navigating zoning regulations and coordinating with local authorities to ensure the project aligns with city development guidelines.

There are a lot of tenants that purchase ESA authorizations.  

We have in our management agreement what amount of work we're authorized to have done without an approval from an owner (ours is $350)  If you don't have that, I would request that. 

LOL we ALLLL know who this is referring to... maybe even a BP author... hes kinda like dave... love him or hate him... or a little bit of both.  

The section continues, “… Bed and Breakfast establishments, boarding homes, dormitories or multiple units, or any other similar lodging arrangements are specifically prohibited.”Section 3 – Commercial Use – states, “…no part of a Lot or Dwelling shall be used or caused to be used or allowed or authorized in any way, directly or indirectly, for any business, commercial, manufacturing, mercantile, storing, vending, or other such nonresidential purposes…”.

This casual conversation turned into a unique opportunity, allowing me to connect directly with the owner and negotiate a fair deal before it officially hit the market.

I am not sure about your state, but in Arkansas, you need to either be a broker or have a broker in your office, officiating and executing leases.

In particular, OO does not have vacancy or PM and typically has cheaper maintenance/cap ex than the landlord would experience.https://www.realtor.com/news/trends/its-now-officially-cheap...if you use realistic expenses, purchase at retail (off MLS) without a value add, you will have negative cash flow on virtually any purchase.