Susan,Bank of America uses local Real Estate agents to sell their properties so you would need to talk to the loan officer and politely ask them which agents they use in particular.They may tell you to hit the road or they may just call the agent for you and tell them to contact you but,don't bet on it.The banks want the widest exposure possible when trying to sell their REO's and don't play favorites unless you are a multimillionaire and looking to buy dozens of their properties at one time.

In any case, here's what I found in the zoning code:  33.205.020 Where These Regulations Apply An accessory dwelling unit may be added to a house, attached house, or manufactured home in an R, C, or EX zone, except for attached houses in the R20 through R5 zones that were built using the regulations of 33.110.240.E, Duplexes and Attached Houses on Corners.and 33.205.050 Density In the single-dwelling zones, accessory dwelling units are not included in the minimum or maximum density calculations for a site.

If his tax returns reflected reality, which is a single sole proprietorship that SHOULD be perfectly fine on Schedule C (or at most a single S Corp), it would have been a 20 minute preapproval. 

I thinks it’s a safe bet on urbanization but that doesn’t mean I would spend a second on it.  

It will lower neighborhood property values and you will make enemies.These types of houses belong in C or D neighborhoods.

We do not track C or B class properties, condos, multi family, etc. since we do not recommend such properties in Las Vegas.

I'll bet on you making it.

The solid deals are typically trading for a lower cap and many investors are buying low c or worse at an 8 cap simply because they don't know better.Happy Hunting

Single-member LLCs are disregarded entities that flow onto the member's return, not separate returns, multi-members are taxed as partnerships, and any can elect c or s corporation treatment.

I would tell them it is what it is and they are welcome to supplement the air conditioner with portable A/C or window units.