The jobs report likely won't impact whether rate cuts will come, but could impact by HOW MUCH rates will be cut.

@Jeremy D.2nd kitchen and you would need an ADU license, and of course needs to meet the adu requirements.An adu is not multifamily, so yeah cant have the 2 parts rented seperatly when you leave.Whats unclear as I dont think its adressed in the regulations, is if you have an ADU, would 5 persons be the total property limit.

thats what i plan to do but i am looking to see if anyone knows what the actual law is for nevada so i know what i am supposed to do and so i can show it to them if needed. thank you for the reply!

So that I find out doing my own calls to find out why the offers was denied even was just so close from asking price and Im willing to go with second offer, I found out that the place has reserve litigation issue and my agent who I rely on and keep emphasizing how we need to work smart dropped the ball again on me and didn't due enough diligence even he claims he knows how to do property searches etc etc which made me feel its an extra that he has, it was very sample to just ask the listing agent so not to waste my time neither his sending unnecessary contracts...

While there were no major challenges, the deal emphasized the value of thorough market analysis and timing to maximize profits without the need for renovations.

This was the ideal value add situation, where I didn't have to change much on the layout.. mostly just design.

The budget is $174,000 so I would need to find someone who can do construction for under $90/per sq ft.

I'm trying to verify if this is correct and if so, how much more expensive (ballpark) can the one without standard exceptions be?  

Thanks so much. 

In the past 5 months, we have put in multiple offers on REO, auction, HUD, and Fannie Mae properties, without much success.