I think the 4/2 had a 24K BTU (it was ~5 years ago) and required an extra drop from the utility company and a new panel. 

While using the listing agent gives them an extra incentive to close the deal, they never owe any allegiance to you in any way, shape, or form.

Of course you don’t have to spend a fortune to do this – just a couple of extras can help to position your property as ideal for that target market.4.

The 'extra'  equity and loan amount will hurt your cash flow for that property but what if that' extra' was $10k that you were able to use your buy a note that returns 13% annually.

If feels like slimy way to pull an extra 10% out of the owner. 

In the past week I've looked at 10 MLS properties.5 of those had illegal additions.I'm not talking about an extra little balcony either.

I knew it would be a fairly simple answer, just wanted the extra input.

But depends on the house and market, since that is an extra expense... 

All these extra expenses start to add up, so make sure you run your numbers well.

Expenses (taxes, HOA, insurance) are $267/moI came up with a Cap of 8% (the bottom of where I am comfortable).If I had $80k in cash sitting around, I would jump on this deal, but as it stands we would have to either 1) buy in a self-directed IRA for a longterm investment or 2) cash out part of our IRA, take a tax hit now, but enjoy $600/mo extra income forever.