However POA (her son Im dealong wIth) already went to cIty hall and did Probate paperwork to transfer deed Into hIs name, whIch I have a copy of paperworK confIrmIng thIs.Home is an AS IS purchase (grandmas house) Closing in a month, I’m cleared for financing Seller VERBALLY agreed to letting me do some work needed already for closing (new roof).

Property this close to the city is limited.Using an online calculator I found and assuming the property appreciates 3% per year and the after tax return on reinvestment if I sell is 5%, I’d still make $120k after 20 years if I rent.

For Harrisburg Pa, it would be: City Planning HarrisburgThis way, they usually can answer questions for free, without you having to pay for consultants and architects.

You know they are going to build a new city by I-5 the Grapevine.

We had the city tell us one thing and months later they changed their mind...long story on that one but we didn’t get anything in writing and they had some people changes.

At the ICOR event this past weekend, they had the two Colorado gubernatorial candidates and a current Denver city admin that all mentioned these Opportunity Zones and them being newly designated here.

Hello Biggerpocket,I'm an investor in the suburbs of New York City, moving to Houston Tx.

I’m not saying it’s a no -go ,but I am saying practice your due diligence and get some professionals involved before you get too jumpy  if those numbers are correct that's about as good as it gets spread wise in the Portland market.. 230k ARV is one of the very cheapest areas of the city if its a free standing SFR detached.. and you say its on septic that leads me to believe its not in the city.. and seller warranting that stuff is worthless.. just try to collect after the fact when he is long gone with your money.. get a good contractor in there to assess the condition and what it will take to rehab.. 30 to 40k in our market is basically cosmetic only.

However, it seems that I would need to find and work with somebody that could come up with a drawing for the space and get the necessary permit with the city of Brantford. 

They will decide if your proposal matches with the city's intent and decide accordingly.