I had a case where the entire back of the house was mid remodel with no permits, it would take an engineer ripping open the walls to find out whether or not you would have to start over.

Location Florida.I know that permits required for major renovations etc etc.

Dabble with FOREX; time permitting.

You may want to call them up to verify, as some lenders have tightened further in December from what I understand.I've since had discussions with a seasoned mortgage lender with US Bank who says that they'll go to 6 financed properties.You probably know that FNMA permits up to 10, though the underwriting is rigid.

I'm making an offer on HUD house, and there are two expired permits, one on a re-roof, the other on something trivial.

The lightweight exception is 504 (Reference 5) and says you can sell exclusively according to state law exemptions that permit general solicitation and advertising, so long as the company sells only to "accredited investors."

I'd suggest you find out who did that work....like the electrician, a permit was probably required and get a hold of them for answers.

There is also several violations on the property due to the Realtor negligence in not pulling permits, inspections etc.

I started out by using a GC, but didn't feel like I had enough control if I weren't on the job site much of the time...Ultimately, I hired my own project manager, who in turn hires, manages and oversees the subs on a day-to-day basis.Occasionally, we'll still need to bring in a GC to pull permits (legally, I can't do it myself on an investment property, only a GC can) or to tackle an exceptional large part of a job.

Be prepared to have the paints tested if your pulling permits and you may wat to consider that expense in your cost formula.If you have a gas water heater, you may consider code changes relative to the proper ventilation as well as drainage which may require additional expenses.A good inspector, not one of those national franchisee ones offered by a REALTOR, should be able to give you ideas what will need attention and what will not.