There is always a pivot point as a company grows where it has to decide whether it stays true to its Grass roots development or switch to a Corporate business model. 

., and fix the necessary items that will fail inspection.

this is reality and this is what the big institutional investors are banking on I suspect other than creating some sort of hybrid bundled up cash flow investment model they sell on wall st. 

Next item is recognizing an ADU addition, even hands off, requires a lot of work.  

Either the seller isn't interested in my "walkaway" number or I go binding and find there is a laundry list of items that I'm not interested in.

The one with the manufacturer, model #, serial # etc.

I chose eXp because I like the model that they have and the splits are quite reasonable.

If your business model depends on whether or not the enforcing authority has the resources and political resolve to pursue and catch you, there is a chance you should be reconsidering your business model.The fact that you are questioning the moral implications of this pursuit is a good indication of your integrity.

In doing that, I will modify my underwriting significantly since my R&M & Capex should be lower due to the upfront plan.Repairs & Maintenance: 10% is a good starting point, and I'll back it down based on the upfront reno plans mentioned above.Capex: For me this is really dependent on the age & condition of the property and a lot of the major items. 

Update: sounds like the seller will "try" to have items listed by the local township U&R (use and residency?)