This usually means all updated electrical, plumbing, and roofing.

@Jonathan Greene @Jay Hinrichs @Nicholas L.Note: Each state has their own way of handling and regulating foreclosures, and as someone who is not specializing in foreclosures I can give you only general ideas and information. 

We have a VA so she does all the tagging and I ask her to export it from Baselane, into excel, then I review it and give comments.Going Digital: Scanning and storing my receipts in real time saves me from searching for that one $17 plumbing supply receipt.

Purchased for $69,000, it needed a full rehab, including a new roof, plumbing, and modern updates inside and out.

All the regulators have become useless pawns.

Are there any rules, laws, or regulations regarding this?

They’ll check if your property, zoned R5, allows a curb cut and ensure it meets zoning regulations.

From my experience: SMS has the best conversion but is the most regulated, so it depends on the rules in your market. 

SFHs are largely exempt from many regulations such as rent control.

One tip: focus on areas with year-round demand and check local regulations early—they can make or break a deal.