Your point about people from finance and veggies really cracked me up!!

If you think this is your comp and you did the work without permitting it, the value from the bank will not be the same as the other comp sold because they will ask for permits/city confirmation this was truly added to give the value.

@Sham Haile you should look up the Tenants Union & RHAWA websites to review the notices and requirements for how notices need to be provided to tenants when a seller intends to sell a property. 

So you don’t end up being the cause of frozen pipes.

Would love to be able to do some value add so I can pull my money back out to reuse.

Jay stated it well, find the right lender to chat with.

I recommend going to deals analysis and posting the projected numbers along with your overall experience and let people comment that way.

@Andrew Garcia, I would take a look at rents for a similar size (square feet and bedrooms) property so I’d have an idea of what the income might be.  

The easiest spot would probably be the dining room and change the office to more of a smaller dining area. 

Their only involvement will be funding the project.