Bootleg additions etc do not get any value by appraisers and could be a major problem.

Most of the time, we resolve the situation in less than three months through cash-for-keys agreements, court mediation, or by creating enough pressure that the tenants decide to leave on thier own.We currently manage over 700+ units and flip about 20 multifamily properties a year, the majority of which have inherited tenant problems.

With online access to almost every jurisdictions property recordings, lenders today use software that automatically searches property transfers for transfers involving their loans.  

We did major renovations and repairs on both units for about 40k total and were able to get rents up to $1250.

We went from buying light rehabs to buying major foundation and mold issues to make numbers work until even that did not work anymore.

please send me a case example I'd love to read. that's one appraisal. the knowledge I have as a licensed general contractor working with investors from 5 cities at a time all over the country buidling 3 different floorplans I would say trumps one ADU you read about online 

Hello BP Community,Unless I am mistaken, Maricopa County (Phoenix, AZ) does not post their probate court records online, unless you can provide specific names or case numbers.

I will also say that the majority of our clients focus syndications (even if it's through a fix and flip fund) given that it is just much more scalable than doing one-off raises. 

You should be able to send it to the court clerk with the case number (you should be able to find it online or call the court).

Always validate what you read online, things change, I could be wrong, but use this as a starting point in your research.What Is an ADU?