@Ahmed AlkaysiTo file the use permit you do not need any plans

Not sure how short-term rental permitting in SA works, but in Austin where I live, it's much more favorable if you live on-site.$145K is high for a C-class house in SA, even renovated, even with a casita.

You will quickly find out just how that court interpreted the law and what the court believed was permitted and prohibited.

By eliminating the waiting period of meeting with Alderman, getting plans and permits submitted, hoping they get approved, attending late night zoning meetings, and fighting with neighbors and city inspectors, developers can actually focus on improving the property.

Thus far I came with the following metrics:Rental Yields (historic and projection)Mortgage Interest Rates (historic and projection)The spread between the two aboveTaxes (Upon purchase, tax on rent and on capital gains)Tourism (trend)GDP per Capita (historic and projections)Median purchase price per SQFMedian rental price per SQFMedian Free income (after income tax)Nearby Hospitals (existing and planned)Nearby Airports (existing and planned)DoingBusiness Score (various criteria related to Real Estate )Population Growth rates (historic and projections)Nearby Public TransportationDivorce RatesAverage Marriage AgeJob GrowthHousehold Debt (trend and projection)Country Debt (trend and projection)Is there a financial institute that will refinance an asset I purchase at 75% LTV or more (implementing BRRRR)Owners:Renters RatioTenant or Landlord biased law systemHi Tech corporates planning to open HQs in the areaCurrency Inflation/Deflation (historic and projections)Construction permits (historic and projections)Constructions starts (historic and projections)New apartments soldNew apartments median priceExisting apartments SoldExisting apartments median priceTotal debt through Mortgages (historic and projections)Unemployment Rates (Historic and projections)Average number of dates a new/existing apartment is for saleOther demographic attributes and preferences of the locals Thanks,Alon

The rest of the time was getting plans, permits, delays, marketing, selling, and closing on the back end.

Are there permits?

I was at the closing table and I get a last minute text from my contractor that the city permits were rejected and needed another 30-40 grand to overcome.

In my naivety I pushed the urge to fire the sack of shade until he "got the systems all wrapped up", because on the residential real estate side of things I had dealt with a few exceedingly complicated sales that were caused by open permits (permits that had never been finaled out and closed) so I was very apprehensive about firing the contractor before the Electrical, Mechanical, Structural, and Plumbing permits had been closed.Six MORE months later it had been enough.

Depending on the county, some will let you split a lot and build on each without any special permits, and others (Sampson county NC) will make you follow their subdivision rules even if the lots share an existing common road.