Legal violations and penalities(fines) even if you have accounting software to track the difference. 

Considering it's from a reputable auction site, do I have decent legal standing if they misrepresent it?

I’ve reported this to the FTC and have legal counsel.

Do not rely on it for legal advice.

Our local REIA is hosting our next meetup on January 9th and we are bringing in legal experts to help investors better understand the implications of Good Cause Eviction.Here's the link to register for your seat:https://www.ffreia.com/Events.aspx?

Ambulance chasing attorneys know their way around and can legally navigate around Insurance Policies.

Seek qualified legal guidance

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

While I’m not an expert on the legal aspects of posting here, I do have years of experience coaching students in real estate sales and investing.For anyone getting started in real estate, I always emphasize the importance of focusing on key steps before committing to a deal.

Buying through an agent may provide more transparency, while sheriff sales and auctions can offer deals but often come with risks, like limited property inspection or legal complications.