Hello everyone I wanted to ask here, In the state of California what can make a bedroom legal, what type of requirements do you need to meet?

That takes very knowledgeable contractors and maintenance, and staying proactive with your management of the physical property itself.

There are companies out there called Off-Site Rental companies that have their own maintenance, housekeeping and can rent and market the unit for you.

Hi BP Community,Recently, I've been looking at fixer-uppers and noticed that most of them usually require more than one specialized form of work.

For example, agency lenders may have specific restrictions based on market preferences and require a minimum debt service coverage ratio (DSCR).Understanding these market-specific nuances is crucial to ensure your deal aligns with the lender's criteria.I've encountered solid deals that were hindered by financing constraints.

That requires more work/resources.

They probably should, but they typically do not (if the unit appears to be built to legal requirements). 

Most conventional lenders run with a required 12 month seasoning, so having purchased in 7/23, likely won't be able to use them until 7/24 or later. 

Anyone have any economical advice to satisfy these requirements?

Now in most cases the same renovation will require an engineer report, and full architectural drawings….I recently had to obtain structural drawings and complete special inspections for a rear trex deck….Just a few examples of costs someone will incur flipping a house in Philly.