At a minimum,  you should understand what the current zoning is and what restrictions there are.As the post above mentioned reaching out or going in person to speak with the planning and zoning department will be very helpful. 

Okay, bring on the angry posts from all teaser-victims [wait, I said I empathize….]Best of luckBob

If they can help with boots-on-the-ground oversight or even just vetting contractors, that’ll make a world of difference.Best of luck with your BRRRR projects—keep us posted on your progress! 

but, my my first question with these posts is why can you not use conventional financing anymore? 

Or if you’d be swamped by forum posts saying developer. 

PachalAUTHOR · CONSULTANT · SPEAKER · COACH · INVESTORSubject2Institute.comGood post, very touchy situation.  

And I hope that is more future readers of this post, and on BP. 

Great to see your post and congratulations on getting your license.

Sorry to hear about the mistakes.Please read this post about finding a CPA:https://www.biggerpockets.com/forums/51/topics/1222774-expla... 

Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing).