The problem is twofold: 1) the property is not zoned for a triplex 2) the "in-law" was formerly a garage and the work done on it was never permitted.

The houses that are already permitted for these rentals is the best bet.

Permit/Inspection/Plan Check Fees $4,0004.

James, All of my jobs are pretty big so im not sure where the cut off is; however, any renovation project which requires a building permit and set of plans definetly qualifies.

If the lender gets wind that the defaulted borrower has vacated the premises, the lender will see to it that the property gets secured to protect the collateral backing the loan; this is usually permitted by wording in the loan documents.Now, if you think somebody at Wells Fargo actually can identify that there is a set of keys somewhere in their possession, and find them so that you can get in ... well, let's just say I wouldn't be surprised if they re-key the place after the foreclosure.

Here in my city, as long as the tenants only require minor assistance, and can manage for themselves-a special zoning permit is issued once the facility/home is certified as such.

Price, of course, is determined by what is around the parcel.For $10k I could buy 40 acres near The Dunes State Park or the BLM where ATVs are permitted, if I happened to like to dune buggy.

Leaving you with the second position lender calling the shots as to the amount of discount that will be permitted.

The City wants a rehab permit pulled, but doesn't have anything on the property that freaks me out.

2) Can you get the necessary permits to build?