Some grandfather in existing units but make owners go through a permit system.

This is going to be a bigger and bigger issue for real estate investors in the near future. 

A plumbing issue could be causing the problem.

If your area permits top market rents, you might opt for the fancier appliances if directly competing with other landlords for the creme de la creme tenantsLaminate or granite countertops?

Between technology, the media coverage and the settlement itself, while the vast majority of sales will probably still be on market (MLS itself could have some issues going forward as a result of this settlement) but on the margins there will be an uptick of fsbo, of discount brokerages, again it won’t fundamentally change the majority of transactions but I expect the housing market to get even weirder than it already has been the past few years.

Ocala and Palm Bay are two areas that are a little saturated because many investors have been buying in those areas, but generally speaking I would say the bigger issue is finding properties that cash flow without a large down payment.  

Then if the LL agrees to the LOI terms you’d draft the official lease agreement that includes all of those terms for due diligence, feasibility, permitting, construction, rent commencement date, etc. 

You'll find some heavy hesitation on most lenders if it hasn't been planned/permitted because of the delays that those things are prone to have.

Just debating to do it or not because I don't have any issues and don't want to pay $5 a month and have to constantly go check my mail at the post office. 

Buying as a primary allows you to put as little as 3.5% to 5% down.If you do have any issues with the business down the road you can always use a DSCR program which allows investors to buy an property without having to show income or employment.