Yes you will need a permit. 1) you will need to add outlets on each wall as per code...and of course switches for any lights or fans.

Even if the property owner LLC is named as a co-defendant for construction related liability if you implement the steps I mentioned in my earlier post,  in most instances construction related liability can be deflected to Builder or responsible sub contractors. 

Light Cosmetic: $25-$40 per sq. ft.

We're waiting to see exactly how this reinstatement shakes out in terms of implementation and any potential limitations.My advice?

We do some cosmetic improvements to bring homes to our standard, typically carpet and paint, upgrade lighting etc.

And yep, I was made aware a couple of years ago of that 12 person max and/or I think 4,000 sq ft limitation (or some size anyway) that requires a sprinkler system for all new construction.I don't think they're that wrong for implementing the requirement. 

I'm looking into this as well and I love the strategy implemented by Dr.

Also, what strategy are you implementing (flip, BRRRR, etc)?

This decision was not made lightly and comes after thorough deliberation and analysis of our current financial position.This requires us to exercise our right to convert your Note and issue equity (aka membership interests) in Norada.

If the prices work where you are, I think with your experience, you could go right into a four-plex and do fine, especially if it was light to moderate value-add because of your knowledge and connections.