I'm not seeing any high end finishes in these.That’s what I am seeing in most areas all in including drawings, Enginering, surveys, permits, inspections, tap fees, utilities, site work, temp power and temo toilet, trash and sweep outs, Fiber cement siding like hardy plank, architectural shingles or better, hardwood, ceramic tile, granite countertops, upgraded appliances and cabinets, upgraded light fixtures plumbing fixtures.

If you combine the fact that last year was the biggest since 2007 (seems like a familiar year) and that 2020 is on pace to meet/exceed 2019 number in permits approved (also per City of Champaign's discussion of major funding needs here - see page 10 where they expect 20% growth in permit fees through 2023) I believer we're looking at a challenging few years/decades. 

This seems backwards to me.They could be classifying this as a B&B and you need a permit license?

Please assume the perspective of an investor looking to purchase this contract.The Deal:Purchase Price: $38,000ARV: $100,000Comp criteria: < 1 mile driving distance, 6 month time frame, 3 bedroomStill need to adjust comps - in progressEst Rehab: $20,000Spoke with local contractors regarding price / sq ft of various tasksSpoke with home depot in area for material costsBack Taxes: ~$2500Basic Info: 3 Bed, 1 Bath, 1600 sq ft, 50X80 ft lot, Built 1900Area Statistics: $78 Median Listing Home Price/Sq Ft ($78 X 1600 = $124,800)(This is taken straight from Realtor.com for East Linden Ohio)Notes:New water heater (Permit)New furnace (Permit)New windows, doors, windows (Permit)(Siding was in progress then contractor disappeared)Second plot of land included next to propertyCritical Questions: What would be a good resource to learn "Wholesale Wording"?

@Sheryl Sitman you are correct that it doesn't have to be your primary residence as long as you're licensed but this will also require a zoning permit.

@Matthew Stallings and @Ryan Moyer - Physicians can get unique loans permitting lower money down, sometimes 0% down on up to $750Kish (also varies), with no PMI. 

There could be some hidden costs to get that permitted. 

@Alex Gordon You dont need to ad a fan unless you are getting a permit and if fan is a requirement of the permit.

Property appraiser, ( municipal county sites have a ton of information ) READ every line of what you find  divorce trusts quick deeds second mortgages, deaths tax liens hoa liens all need to be registered .oh and a big one Building permits this is super important to track additions porch enclosures garage conversions What do they have listed as living space?

She moved into an un-permited ADU, and they just red tagged it.