How long does it take to take legal steps against this seller?

Can I transform this property into a 2-3 unit multifamily, legally speaking?

In the states where I am licensed, it is perfectly legal to have this ability, but a variable rate commission must be agreed to in the listing agreement, and must be disclosed in the MLS. 

Hey BP,As a Canadian if I were to buy a property in the USA am I legally allowed to repair/work on it myself?

Is this even legal for them to do (we've been told it sounds sketchy and that they are trying to "double dip") and what is the best way to address this?

When it comes to legal matters and tenant rights, do not seek advice from anyone other than an attorney.

This is what's called the BRRRR strategy here on BP which is extremely popular among investors.You have to wait a minimum of 6 months to cash out refinance at the new ARV if going with a conventional loan.There are some loopholes and ways around this restriction though which you can find here on the forums.There is also delayed financing which can be used to pull your initial cash (purchase price) back out within 6 months.

If you're licensed, you could legally collect a real referral fee.

-Kevin O'Brien I don't suggest condos - too restrictive when it comes to how you can use the property down the road. 

Do not rely on it for legal advice.