Additional Resources to check, 'FYIs', in case you want to learn more about rezoning in the future)-Look up your address on the city's zoning map here to see how properties in your immediate vicinity are zoned.

That's an ADDITIONAL capitol investment made. 

Most look at a Certificate of Insurance and confirm coverage limits but best practices are to (1) become added as additional insured under contractors policy and (2) understand coverage exclusions which are not going to be detailed on an insurance certificate.

Additionally, I would suggest you run some financial calculations such as cash on cash return as well as any appreciation from the asset if/when you sell.

Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.  

Just check the facts and figures.Like you suggested, there are various opinions, which are all valuable and it's great like that.

I’d recommend a consultation with an attorney specializing in these, in addition to an accountant.

These are professionals with additional training and a stricter code of ethics.

I have added new electric service, all new plumbing, an additional bathroom, remodeled Kitchen all the way down to the studs, new carpet on the second floor, and new LVP on the first floor.

I look forward to connecting with other investors and building valuable relationships within this community.