While using a QCD may encourage the Clerk to accept the deed for recording it won't help if the DOR decides to audit the information provided with the conveyance. 

A local RE professional should be able to provide this information to you as well.In New York, we deal with this scenario frequently and oftentimes it does not make sense to legalize ADUs because the permit process is extremely lengthy, the cost is high (sometimes $150-300K for 1 ADU unit), and the potential increase in property valuable is not worth the risk.If you already have an approved permit/plan and can get your renovation down to $80K, you may want to consider this project if the ARV is say north of $800K.** You should also look into any potential property tax increases associated with this change.

As a financial advisor specializing in real estate investments, I often work with clients to make these decisions on a case-by-case basis.

And, have you ever felt like you missed out on an opportunity due to lack of information?

+95% of agents only have experience dealing with owner-occupied transactions - which are mostly EMOTIONAL decision based.You can ID these types of agents easily by asking them:1) If they are RE investors themselves.

Right now my goals are to learn as much as I can and become familiar with the industry so I can find/make informed and confident deals/decisions.Wholesaling interests me, especially as a start, but eventually i'd like to establish a portfolio of rentals for monthly cash flow and accumulating assets.All that to say...I'm excited to connect with others in my area that share interests in real estate!

Hello, before I give my story, my wife and I are looking for a 1-2 bedroom apartment we have a monthly budget of 1750, we both have poor credit, my wife Ariana, Graduated from Brown University last year, she will be 48 in May this year and is currently an Operations Manager II at kent hospital through Sodexo, she makes 75k a year, and approximately 4500 after taxes a month, she has no criminal history, as to our poor credit, we had to choose between paying our rent and electricity during covid, or pay our credit cards, we have never missed a rent payment, and have lived in the same residence for the last 4 years with no issues, we are looking for an apartment because our landlord wants to renovate his building. with that said...I am writing to proactively disclose information that may appear on a background check.In 2009, I was involved in an incident that resulted in a felony charge.

@Anthony VasquezIf you want to take that route, you're an adult that can make your own decisions. 

More than happy to share any information.

You may visit https://www.biggerpockets.com/events for more information.