The inspector here barely cares for small things like a toilet or replacement.

This week for instance I purchased a new toilet, faucet, sprinkler supplies, fertilizer and electrical stuff for 4 different properties spread across 3 entities. 

I can't imagine pulling a permit to replace a toilet or a sink. 

@Jonathan Berry They've been doing it out there for 100 years. grandmascabins.com basically. 40% plus they use their guy to change a flapper in a toilet that may or may not be broken. 

Probably not.A solid class A or B property in a good neighborhood with good schools might have a low cap rate and barely cash flow but your headaches will likely be less and at some point in the future you will still have a desirable property that commands good rents and has appreciated.Well that is at least how it has panned out in my experience.

The residential permit program seems so far reaching, it has me wondering if anything similar has been put into place in other rust belt towns, and how it panned out.

We worried about buying high and selling low2. given the uncertainties on the covid-19, worried about mortgage forbearance expired cause house market downturn 3. because of above uncertainties, we felt maybe we should hold the cash longer and make decisions once we know how things pan out Would love to hear your thoughts on this thanks  

If their references pan out, they have the required deposit and they ‘interviewed’ well, I would offer them the spot.

Every living unit must have at least one (1) bathroom which includes a flushing toilet, lavatory/sink and a bathtub/shower.

My best advice is don't get stuck in analysis paralysis and end up never buying your first property - and don't beat yourself up if a property doesn't end up panning out like you expected.