I also look at capital appreciation, tax savings, cash flow and cash flow appreciation.Where you invest, investment support structure for each property, and additional factors important to your individual decisions all make a difference as well. 

I looked at nearby comps and realized that I could easily recover my investment if I were to add an additional conforming bedroom and bathroom!

In 2023, I did 18 transactions(Top 500 of ~15,000 agents), and manage 13 rental properties for other individuals.As an Individual, I also own 5 additional rental properties that I also self manage.The reason I would like REPS is because Ive got about 200k in passive losses(100k just in 2023 as I fully remodeled one of the rentals and partial reno of another) I would like to apply towards our household W2 income(600k) Overall, I feel like I could definitely qualify but I definitely lack detailed time log of all activities.

The upstairs master suite features two large walk-in closets.The roof is 10 years old, A/C unit and water heater 7.

I recently reviewed a buyer's agreement which stated 3% on gross selling price, plus $695 flat fee in addition to percentage, for services provided. 

Cost of construction is high and you may be paying extra to match 2024 building codes rather than a remodel/addition.

I'll add it likely will make very little difference to the overall appraisal price given it's a 10-unit.

I could be wrong, I honestly think this is such a systemic change that it’s hard to predict the ripples, but I find it extraordinary hard to believe this doesn’t lead to a substantial reduction in commissions, I’m literally taking with a client in an hour, I like the guy, I suspect he may be a repeat customer and I’m not gonna take any chance I lose him over a few dollars, so I’ll negotiate with him, I suspect other agents will take the same approach, especially given the real risk buyers just walk and go unrepresented, whether that’s a good idea or not l, it will happen.

If you can't figure it out, you might consider walking if the contract allows you point out the unpermitted work and say, "no deal."

Does someone have a recommendation for an attorney (prefer Central Texas area) that is familiar with the structure of this type of transaction and can walk thru all necessary steps prior to finalizing financing and preparing for closing?