If something gets permitted correctly, it should be reflected in these documents (it will include that sq footage, it's drawn on the blueprints, there's an entry of the permit, etc).

The contract needs to reflect that.For example we have a contract for short, long term rentals.

There's no free lunch with rehabbing -- you can choose any finishes, design decisions or level of quality you want, but the ARV will reflect those decisions.As for where to cut? 

Then ADD 1.75% to the loan amount and your loan is based at 98.25% plus monthly MI (so even though you've put down 3.5%, your loan amount will only reflect a 1.75% down payment because of the FINANCED upfront MIP. 

., these are often arbitrary personal opinions that should not reflect poorly on the entirety of the management company.6.

Hopefully the decisions we make today are reflective of what happened last time.

"Since you've never had a lead inspection done, my offer will reflect the fact that I'll have to delead the building."

If you've got a slamming deal and solid track record (f. ex my guys that did a bunch of Fannie loans for deals first), take it to Lima One to be rewarded with optimal terms and conditions that reflect the safety of the great deal you have and your track record of success. 

I am mainly waiting for the ICC to be amended later this year to reflect the change in natural building code.

And when you can't have a property inspected, your offer reflects that, or should.When I purchased home that were 15 or so years old, many times I would plan on replacing equipment.