If you ignore the restriction, you have to make the conversion without permits which is dangerous in terms of health and safety and in terms of your financial health - the city can force you to remove the improvements and, in one case I am familiar with, to tear down the entire illegal structure. 

I went in not really knowing what I wanted from a platform but after a lot of research, the distinctions became clear.I considered MANY platforms and ultimately decided on RentRedi. 

@Stefan DruzdzelOnce your properties get up past 50 years of age, the sort of capex rules of thumb used for newer properties elsewhere tend to become more and more dangerous here in Pittsburgh, where so many properties in older urban areas are still being pressed into service well into their 80th, 90th, 100th year of operation.

While we do not want these to happen, being in an area where issues, like fire, floods, ice storms, hurricanes, happen, but being outside of the primary danger zone, creates impulses of opportunities to crank CoC returns and longer term rehab tenants.  

dont get me wrong I agree with you the guys that are promoting this like its a simple safe transaction have only one goal and that is to sell their training I have written many times on BP how dangerous sub too is especially to the sellers..

Quoting based off price per square foot is dangerous.

It's not in danger of being condemed any time soon. 

Also, there are a lot of reasons why it is more dangerous to have a rental home with no leverage. 

Unless I'm in danger of losing the place, I try to put myself in my tenant's position and be kind.

Explore the distinctive factors that set us apart from other investment companies as we tackle our investment ethos and approach, prioritizing investors' interests and capital preservation.Differences between public and private market investingWhen venturing into the investing world, it's crucial to distinguish between public and private markets.