I think we could get away with 6 in some counties. but 8 is definitely against some codes. given the situation we were in, we took the risk.2) insurance is like $3k per year and covered like an STR insurance policy. since average stay is 8-10months. 3) we only accept 4 parking spots. the others usually take public transport and homes are always within 10min walking of bus stop4. bypassed this. because we're only putting up walls, and not actually adding sqft or adding rooms (a room needs to have a closet). its just considered an office space so no permitting required. we'd only be facing the possible max allowable people that can live in a home that are non-related.

If a tenant transferring to another H.A. has not found an apartment by the date his first apt.  must be vacated and becomes a hold-over tenant with an extension to look for an apartment in the new jurisdiction, can t...

ARV could be as high as $110,000.This condo, although technically a 1-bedroom, actually has a finished basement room with a closet.

Three main areas; I removed three walls and replaced with proper lvl's and support post's according to IRC and AWC tables and charts, turned a 2nd floor attic into liveable master bathroom & walk-in closet and expanded the adjacent room for a bigger master bedroom, and got rid of a bedroom floor above the family room to turn family room into 2-story ceiling height.

I think your master bedroom walk in closet is larger or the same size as your kitchen. a family that needs/wants 5 bedrooms, isn't going to want a kitchen they'd find in a 1 bedroom apartment.

Case in point heres a storyIt was $200,000 house but it was grandma's house they're in their 70s and it's free and clear and they really needed updating in their kitchen and a little bit of fixtures in the bathroom they kept it in meticulous shapeIt really had a nice layout but it was kind of small you know built in the 1950s so the closet space wasn't great but they had a nice big attic and a good size garageI always try to have a fiduciary duty to the seller and help that seller get a good solutionThe house was listed with an agent and because it was needing updating it didn't sellSo I came in and talked with the sellers and basically talked about all their options we could rent it outtry listing it again at a reduced price to maybe 180 or so but still a lot of buyers don't have vision to be able to say "oh if I spend 10,0000 that it will fix the problem" they just don't have the visionBut what I need to hit home with them is if they don't fix the problem so then they need to look at another possible solution which was selling it to an investor flipperThis is not a major rehab, this is a minor rehab where in 30 days you can tear out the kitchen, put a new one in and update some bathroom fixtures for 10,000 and now you can compete with all the other $200,000 houses for saleJust for giggles I have them call "we buy houses people" and they came in and did 65% ARV minus the 10,000 and offer them 120,000 for the houseAnd I explain to them that the investors have two sets of closing costs and they have to make a profit so that's why the number so lowAnd I asked the elderly couple what if we did a joint venture and I brought my money and fixed it and then resold the property and they would make a lot more for working with meGranted because it was free and clear I bought it on a private mortgage with a joint venture agreement which basically said that they would give me a private mortgage with no payments for six months I would do the work and then I would resell it with an agent list it at 98% of comps, advertising brand-new kitchen with full one-year warrantyBottom line here it cost about 10% to sell with a sales price of 200,000 and then I use private money for the 10,000 in kitchen and then I charge the $10,000 JV fee so they netted about 170,000 on the houseHow do you like to make 10 grand ethically and honestly and help people get a good result? 

On-suite bath& walk-in closet

I believe you are referring to portable lockers or PODS. 

He goes and pulls something like a stackable in the master closet.

My impression is that the moisture was visible inside the closet.