An audit could be triggered by a number of factors that don't line up when run through the IRS's system, and create an exception.

Were there any "intangible" value created through this build that wouldn't be reflected in the numbers? 

Happy to go through some details on that if that'd be helpful.

Sometimes occupants still live there and eviction is not easy, and I have even heard a story once that the yakuza are involved in the construction and real estate business and exorted money from buyers through occupants in these properties. 

REI has the finest presentation in the industry in that regard I know when Chris walked me through a few years back I was VERY impressed and I have been around that industry since 2002.. 

b) Did the seller acquire the property through probate?

House hacking is an incredible way to live affordably while building wealth through real estate.

Property taxes and insurance costs are best obtained through local county websites or reaching out to insurers directly for quotes specific to the area.Tools like BP Pro and Reventure can be helpful for an overview, but it’s a good idea to validate their data against primary sources to ensure accuracy.

Some lenders would raise the 20% with private investors through PPMs or unsecrued notes bank does not allow junior loans.

Right now, my company is paying for my license through the WRA, as well as all of my networking opportunities, and it has worked out much better than I imagined.