I have bumped into this with a 10 year old pole barn that wasn't ever an issue until my tenant gave the code enforcement guy a hard time, then... lo and behold, I got dinged for building it without a permit even though it was there when I bought the property.I had to get a contractor to do drawings, pull the permit and get it approved, then could move on, but always remember Murphy's Law.

Or should I consult a realtor and have her draw up a purchase agreement with assignment rights and let her make the offer to the seller.

I am doing all of the project management, though - so I am looking for some advice about how to best structure how much each one of us gets given the amount of time and effort.Also, in terms of the rehab funds - I thought we should each contribute to an account that is dedicated to the rehab of the house (or get a HML, if possible) and just draw down that account for the rehab and holding costs.Thank you in advance for any and all suggestions.

Is it advisable to draw a business plan up,?

What about the draw schedule?

Can anyone suggest any locations they feel will draw consistent tenants and the pricing of the home is decent?

Preparing drawings for permitting and going through the permit process is time consuming.  

My goals for this year is to at least make 5-6 wholesale deals and start my first rehab before this 2016 is over, plz guys tell me if you thing it is doable or if Im drawing the line to close and i need to shoot for a bigger goal. thanx in advance guys.

At that point, I'm thinking I need to get my agent involved instead of just having my attorney draw up a purchase agreement.

A recip saw is worthless on cast,,,on galvinized yes.Watch some u tube vids,,,slope all horizontal pipe with a level about 2% towards the stack,,,make a drawing of all connections and from that make a shopping list of fittings needed, buy a few extra repair and regular couplings for oops mistakes,probably 4 sticks or so of 3 or 4" mainline and enough 2" to get to laundry sink/washer,bath and kitchen sinks, traps and clean outs.use plenty of pipe support on horizontal pipe,,, use long turn radius elbows everywhere you possibly can,,,primer and cleaner and good glue,  dont worry about mistakes,,,you can always fix them!!!