We were only 20 & 21 (my wife and I) and we learned about needing permits, dealing with mold, dealing with grand fathered in code items vs bringing things to code, dealing with the city (It was black listed), learned how to demo, how to paint, how to install moulding and laminate/vinyl flooring planks, and I am sure I am forgetting more.

When we rehab, we don't even have to get permits unless we change the footprint of the house.I would not recommend flipping.

@Stephan Kraus, you are probably missing that the other structures are not PERMITTED.  

However do you know who I would need to talk to about making them permitted bedrooms, as well as if it is worth it in terms of increased taxes on the property?  

Account Closed our team is:- Contractor - analyzing the work needed; permits; etc- Agent - analying the ARV and comps- operator/finance guy - analyze deal, numbers, investment, etc- lawyer - look over all paperwork- interns - help support all items throughout

Are there any other required licenses or permits to legally be able to conduct a real estate business in Idaho?

Are there any other required licenses or permits to legally be able to conduct a real estate business in Idaho?

I am considering buying this property with the intention of pulling the permits and convert it into a legal duplex so that I can refi later.

There are a lot of things to look out for like utilities, infrastructure, foundation, structural integrity, mechanicals, permit fees, contingencies, interest reserves etc.I would be happy to discuss more offline.

Tenants or buyers can look at the property whenever their schedule permits.