You're spending $9,000 on an architect for a sfh?

We felt it might be a shocker to an eventual buyer to realize they'd be spending an extra $400/mo on flood coverage.

@Padric LynchHow are you expecting to only spend 144 a year on capex ?

Prevents any issues coming up later when you want to sell the property or when the county sends drones through your neighborhood looking for unpermitted pools/decks/carports, etc to try to raise revenue to cover unfunded liabilities in government spending. ;-)

What’s average spending ?? 

I wouldn't spend near as much time worrying about that law, as I would spend looking for a good deal.

I work out of state and only spend 14 days there....

You preferably would like to buy property in an entity to insulate and help protect your assets.

I recently had my first tenant move out and had to spend $5000 on the house after them. 

I see so many room illegal additions/conversions where the homeowner spends a lot of money on the project, but when they sell the appraiser assigns it no value because the square footage is unpermitted.