The property is non-conforming which means; when it was built the rules were different and it complied at the time, but the rules changed and now it’s out of compliance very common occurrence.  

Don't wait so long that you never pull the trigger. 

Have they been in compliance with the lease?

Triggered much? 

Those are the two things that most cities consider the triggering point for a separate dwelling unit. 

After many years of listening to biggerpockets podcast, I finally pulled the trigger and bought my first rental in Missouri.

I’ve been reading a bunch of discussions and learning what I can but there has also been a lot of different opinions on when in your life the right time is to actually pull the trigger.

Find the RIGHT deal and pull the trigger!

I feel like I'm missing something crucial because I read everywhere that I should be (or that people commonly are) scared to pull the trigger on their first deal, but I'm mostly excited. 

He made some mistakes laying in the sewer & water lines that the building inspector wanted corrected to meet compliance, so it cost him a lot of time & money as he had to bring back heavy equipment.