The relationship between the loan officer and the contractor is really not relevant to the terms of the purchase agreement or escrow costs.

But if there's a bedroom being used as an office, or a former kid's bedroom now being used by an adult, it can come into play. 

I'm super new to this game and I am in a small (tiny?)

I out very little down on these properties and the rentals cash flow a tiny bit, but I bought them mostly for long term appreciation.At this point, my focus is to build cash flow.

You need to check with the county recorder's office on how-to.

I assume you or your agent was in contact with Sloan officer to get a pre-qual letter ?  

Find out what brokerage is doing the most transactions in a given area, then find out which office of that brokerage is doing the most transactions.  

If so, as a RE investor, aside from the main classes of the RE principles and practice, the program gives us a choice to chose one of these elective classes: Real Estate Finance (2011-04)Real Estate Appraisal (2383-06)Real Estate Economics (3228-10)Property Management (3008-08)Legal Aspects of Real Estate (3192-10)Real Estate Office Administration (3166-09)Escrows (1670-97)As an investor who only wants to sale properties that are my own, what class do you think will be more beneficial to me?

On the same note, if you do intend the convert it to a 2- or 3-bedroom, you'll definitely need to consider the capability of the existing septic system, even if it passes inspection (the town code-enforcement office certainly will).Good luck,Troy

Professors, military officers, and some foreign business people fit into this category.B Class: Solid working class renters who are on the edge of being able to afford their own home.