Can you document with before and after photos, bids from licensed contractors to return to original condition, the damage cannot be usual wear and tear, are you able to go to small claims in the subject property city?

Originally posted by @John G.

In RS-3 with single family, many of the original bungalows will have a larger lot footprint, but are allowed to be "hat-topped" in a rehab which can grant substantial new space since you are not changing to lot footprint and are largely grandfathered in.

Questions like this should be posed to an actual lender since the answers will vary across them.

There's no right or wrong answer to this. 

The more info you get the closer you'll get to your answer!

The short answer is "yes"As a company, we've been able to maintain strong occupancy at 97% while achieving organic rent increases of 5.2% across our residential portfolio over the the past 12 months and been able to achieve rent increases on average of 5% while maintaining occupancy of 97% for the year prior to that as well in 2021.In regard to the new acquisitions, our experience has been consistent with the stats as well.

One of the main reasons that jobs end up having issues is because no one told that Contractor about _______ and it gets missed in the original bid.

This is how you really crank your ROI up, making that original down payment work harder for you.When you are in the acquisition phase of a portfolio you should be using other people's money such as mortgage to grow.

@Darian Gore Here are the things that many CPAs support their clients with:Understanding tax impact of short-term vs. long-term vs. flip before you buyWhich entity structure is best for goals and investment property typeTax and compliance on LLC or S-CorpHow to transfer property out of personal name into LLC (hard to buy 1st through entity)Ways to optimize taxes throughout the yearHow best to set up accounting to track income and expenses (doing this late is a mess)Feedback on property management systems, accounting systems. systems, etcEstimated payments to avoid penaltiesKnowing when to file and getting things in on timeMaybe a few things I missed, but this is the high-level ….. if you can get answers to the above questions on your own, plan, and file your own taxes then you can avoid the expense of a CPA.