Hi Jacob, yeah legally you are required to honor the current lease they have in place.

All I can imagine is a lot of blight hitting many rental units when the costs to maintain rise beyond the capacity to finance that maintenance.  

Most states do not require you to provide receipts.However, if you think the tenant will push back on the charges, show the evidence and stop the argument before it begins.

Consider targeting young professionals and small families who are looking for modern living spaces close to their workplaces and urban amenities.Property Analysis:Exterior and Structure:Materials: The exterior is clad in modern siding, likely a composite material or Hardie board, known for durability and low maintenance.

My general understanding of California rentals is that if the building was built prior to 1974 and has 16 units or greater, an on-site property manager is required. 

The benefit of the outskirts of town: easier to find new place to build, land is cheaper, still in the path of gentrification and appreciation due to proximity to SLC market, no HOA to deal with, much less permitting and red tape, and these lead to new builds, which has the benefits of maximizing costseg and minimizing maintenance and repairs because the build is brand new.Happy to discuss by videoconference if you want, and I can pay you for your time. 

I've been in construction and land development for my entire working career, and my understanding (in the places I've worked) is that most construction requires a permit.

I have no idea what the process will be in the county where you're buying - you'll have to call the county and find out what they require.

On a positive there are 15-20-30 year amortizations and increasing income qualifications including instant approval and AVM (no appraisal requirements) for very clean applicants, and creative documentation for self-employed borrowers or investors such as bank statements or even DSCR (usually up to 75%LTV) for investment properties. 

Many states require it, and its not a big deal.