@Kyle Scholnick I'd just call the building inspector and say 'My contractor says I don't need a permit to do x, y, and z.'

@Jeffrey MasessaYou cam also consider going for 2 year to a community college and get a real estate degree it can help a lot with commercial real estate, but from what I heard in all the podcasts being a real estate agent or getting a degree in the field will just help you get a SMALL advance especially in cantract and connections, but you can make connections with a few good agents and use their connections and knowledge.

I cam here to say EXACTLY what Linda said!

, figure out your loan terms will be "X" %, 6 months, "Y" points.

Half of the its $5,400/y rental return would be used up with its expenses, leaving you a return of $2,700/y ie. 7.7%! 

This younger generation collectivizes many decisions that gen y, x, and boomers took on themselves alone or with their significant other.

@Kevin Si I don't have much to add but managing a "rental with about 7% cash flow ($45,000/yr)" may not be appealing at 65 y/o.

(Probably because I have gone back and listened to it 4-5 times) But also getting started at 18 y/o, your story about laying the foundation and writing a bad check is something I keep thinking back too and will never forget.Thank you for your influence in my career and life and to others as well.

<y numbers are a little better than what Michael said but, that is probably because I have called a LOT less people than he has and he has a larger pool of data to look over.

We will discuss monthly payments of X over Y period of time.