I think there are better deals in the area with better returns (in a similar price range).You can also check the city web site, the Department of Neighborhood Services has all the info about violations and permits, that often tells a story about the property.

By law, I must forward any violations to the proper authorities.

( mods: not sure if my reply violates any rules for this forum, am just trying to help my fellows to benefit out of the situation. )

You're intentionally violating it, so why wouldn't they, and of course they will have different rehab costs and ARV.

Such differences include, but are not limited to, security deposits, notice requirements, evictions, tenant rights, landlord rights, and many more.Triple damages can be one penalty for a single violation of a state law.Hiring an attorney where the property is located is the cheapest investment you can make.

That was about a fly by night flipping operation that openly violated the no-selling mantra of the club, and were buying at like 90% ARV while taking big acquisition fees.

If the tenant has an unauthorized person in the unit then she is in violation of the lease and that's grounds for eviction.Now, an issue is that if there was no restriction on the number of vehicles per unit when she moved in then she can reasonably expect that such a restriction will not be imposed during her tenancy.  

The city required large sums of money to be posted in escrow up-front in order to guarantee that certain code violations would be repaired.

@Alex Hamilton  sometimes people post things in the forum that are advertising because they are either not aware of the rules or are violating the rules. 

No appraiser should accept an assignment where their compensation is based off of the performance or sale of the real estate being valued – this is a big violation of USPAP (which I am sure you already know).