I will apply it in my journey of real estate.

Being a realtor, you can apply your commission towards down payment.

I've read scratches can be buffed out and have poly applied to them.

Then you apply market cap rate to that NOI and arrive to value.

The building department had no records of it being a legal 8-unit property since it was previously a 4 unit property and a former owner applied and received permits to convert it to 8 units but there was no final inspection.

This concept can be applied to wholesaling.

If you're using non-state approved forms, make sure your broker is okay with them.The general rules of thumb apply:  Disclose everything and get it in writing.

@Dawn TIpton you could use hard money to close this deal, do the repairs and then apply for conventional lending. 

If it isn't visible, I'm saving that extra money and applying asphalt!

There will be no “selling from the stage” just pure unadulterated meaty content that will be broken down into bite size “golden nuggets” that you can apply in your market andDOMINATE!"