You might want to agree to appoint a neutral to arbitrate any dispute.Also, if you think that you might want to own your piece through an individual LLC or trust someday, make sure that the language of your LLC agreement permits a transfer to a related entity whenever you want to do so.

What permits or licenses should I consider when doing my own rehab work?

It is less in the older homes as many of them were previously updated.Something that I like to do when researching Indianapolis (Marion County) homes is to do a permit history search for both the home in question and the homes in the immediate area.

You may need to identify significantly more like-kind replacement properties than the first two identification rules permit.

Could you inform all tenants that the pet policy is subject to "service animals" and you are informing them that you cannot guarantee that in the future a present tenant, or new tenant may be permitted to use a  service animal in the building, that you comply with the law. 

I may also pursue a real estate license (time permitting).        

Maybe we can learn together.Our place is a two-unit property with a vacation rental permit, so we are holding.

Hi everyone, I am wondering what is the usual time frame for pulling a permit in Weehawken, NJ.I am planning to do some renovation for my apartment.We will be submitting new plan for new kitchen, thus, involve electrical and plumbing.Will be great if someone can let me know what will be the process and how long approximate it will take.  

No, there's not an epidemic of people dying or being maimed on jobs.Yeah, you do require a permit to remodel a bathroom, but no, we generally don't get too bent out of shape if somebody does it without one.

I'm definitely out of my comfort zone when it comes to new construction, permits, raising funding etc.