Do we need permits for any additions to the house to be "official" on the MLS listing?  

Other lenders tack on additional requirements.

If you are acquiring a property from a wholesaler for $25k, chances are they already have their assignment fee in the deal.

Additionally, does anyone own/invest in Finneytown?  

You then are attempt to acquire leads with "direct mail" and "driving for dollars".Direct Mail is a low return marketing channel, and the very best you can expect (even Kohl's, Vons, any local real estate broker) is a 1-3 percent return rate. 

I am upper 30s and looking at this for additional income and possibly a career change.

I know I will have to pay incomes taxes as apart of this conversion, but I've been doing some reading and can't seem to understand if I will also be hit with additional taxes as a result of something called "pro-rata rule".

In addition, those terms seems too good to be true for a legitimate HML.We have funded many deals in NJ and we are local, I'm sure we can fund your deal if you want to work with someone local.

With the deal (duplex), I am acquiring a tenant on the bottom floor.

My actual cashflow is barely $100 and it would be negative if I were to factor in all additional costs(i.e.