@John Kubilis main reason you want a legal bedroom is fire safety.

Great post Golan,I have always been of the belief that appreciation is more speculative and unpredictable.Nobody has a crystal ball to predict the future.Cashflow is more "certain" and based of the numbers as they are today rather than forecasting what might happen in the future.You take the income vs the expenses, plus including a margin of safety for misc expenses and then you look at the bottom line.If the numbers make sense, the deal is worth pursuing further."

Not sure if it is a scam or if it would pose potential safety/privacy issue.

These could be valuable for future investments while you have a good safety net of having a steady place to live. 

You can also put them on the do not call with ready mode.

If I could not find one on a property, I would note that as a safety concern and would highly encourage adding one for the safety of the home owners.

My main concerns are health & safety, along with the ability to insure the property for $300 or less per month.

You had mentioned that you spent 6 months researching before November 2016 with some of that time creating an excel model. I

This provision aims to address safety concerns while ensuring that the application process remains equitable.Evictions and Damages:Recent evictions and alleged damages within a year can be taken into account.

Are you or your clients in expansion mode?