If you add the land acquisition, planning, permitting, construction and sale, we should be near a year in LA county. 

However, you do need permits.

Landscaping work is permitted if improments are permanently affixed to the property. it’s similar to 203k Fha but better since is not as restrictive with what kind of repairs can be done, plus there is no HUD inspector required, which are expensive as they charge around $700-$1000 for inspection.

Chances are if the taxes really are that low there was never a building permit issued for any renovations- otherwise it probably would have been reassessed.

If you tear out the paneling you’re subject to rewiring the house (no longer grandfathered wiring on a gut) / getting insulation permits at least in my town (>30% area drywall replacement).

Do you think there are additional maintenance and permits cost associated with this type of property ?

We request HUD consider allowing the demonstration of unusual hardship to be proven on a national basis by industries suffering unusual hardship.In addition, we request HUD consider issuing a statement to the states permitting a delayed effective date in the licensing of loan originators.

The property was a steal, but I was nervous about the damaged units and concerned about permitting process, with new updated codes etc.

Hi Q I'm from Fairburn GA as well a newbie as well, I will work with a Agent , but from my understanding the best way to build a buyer list is to Market yourself with Bandit signs if Fulton county is a no go try another one.. thanks for that info by the way I did not know it was not permitted.

Permits require inspections.