An alternative would be to find a single-family home with enough square-footage to do a permitted accessory dwelling unit (ADU).

He said his research shows that the house is listed as a 2/1 so he thinks it has additions with no permits. 

Yes the current owner already has a permit from the city just not the state.

If you had one piece of advice to give the new agent to start generating leads or prospects and make the “jump” to become a successful agent, what would it be?

You literally need a permit for everything, even replacing a laundry tub and bathroom vanity.

I have a prospective tenant who would like to move in as soon as possible.Rent: $1200/month for two bedroom unit.

It happens, but I would call the city and find out if any permits were pulled on the house.

Do you mean that it would be legal if the work had been permitted? 

You won't have the occupancy permit.

Since your new to the industry, let me clarify because various people with mentoring programs to sell will misuse labels so prospective customers may be more willing to part with their $.Wholesaling, as the term is used currently, is a job, just like being a real estate agent.Buy, fix and flip is a business, just like any business that buys raw materials, adds value, and sells it in the marketplace.Neither are real estate investing.