I'm wondering if the contractor will have an "escape" clause with regards to delays of permits and inspectors, things out of their control.

I know some rehabbers who don't pull permits and have other business practices that make me cringe... so it doesn't surprise me that a company running an outsourced function would cut corners.

But... i went to look at the deed recorder's office of NY for my info on who owns the mystery SFR and found there are no phone calls permitted to that office.

Looking through the L&I website, the permit process here seems pretty daunting, especially if you aren't just hiring a GC to run things.

It was lenders that permit only so many rentals because over a certain per cent of rentals, property values go down.

Budget issues are currently at the top of the agenda for the Senate, so as of now the bill that would require an affirmative letter from lenders to permit investors to engage in subject to transactions is not scheduled for a hearing.

You should check with the town to see what will require permits (usually in-wall electrical / plumbing at the least).

Drawings, permits, product spec's, special notes and contact info all go into the book.

Stephanie,I plan on starting out with the residential market, in particular lower income housing, given that is what my position permits.

If you want to do a total gut job on a house, you are talking 8 weeks or more maybe plus a much more complicated project with permits and multiple subs etc, plus some design work.