@Cory Dock As Kevin mentioned, a cost segregation study may be something to consider.

The complaint that was filed, realtor said we now have to wait for it to be cleared to re-list the house. 

As you mentioned, there are exceptions, but this list is spot-on with our experiences.

Yes, HOA ForeclosureProperty Taxes are up to date.No foreclosure process that we can find, still waiting on full title search to finish.

We couldn’t hold it and decided to start on the renovations early while we waited for the ADU permit.

As mentioned before I recently joined BiggerPockets Pro and I did so to engage with professionals and to soak up as much knowledge as possible!!! 


I don't mind not seeing the property until after an agreement is in place when a tenant is present, but not being able to see the property when no tenant is present is a bit odd.I'm still trying to understand how the process should go, so thanks again for mentioning when I should expect the rent roll and lease agreements.

With the NAR economists expecting rates at 6% by year end, I think people seem to be less interested in waiting for rates to come down, knowing that a year might only save them a point. 

Along these lines, I am wondering if it is more lucrative to go ahead and increase the value of the property as much as possible now, rather than waiting until I inherit it? 

We can probably handle lower LTC ratios than you've mentioned.