And, when it sells next time, that square footage won't be included in the appraisal, but someone will buy it again.Either that, or the owner will screw up, have the city visit the property, and get slapped with a code enforcement case to convert it back to a garage.

Most local codes will not allow things like bedrooms without egress to escape in case of a fire.

BUT - maybe BP builds a searchable database (by Zip Code) of members who are RE Agents, RE Attorneys, RE Insurance Brokers, GCs, etc.?

I've narrowed down my market to a small specific zip code, (33967 about 8 sq. mi.)

Rejecting a applicant is easier that evicting and M2M is easier to get rid of a bad tenant that one on term.Good tenants also usually give plenty of notification when they are thinking of moving although the notice period is the same for term or M2M under the codes. 

Other deductions show line items for carpet, glass, appliance repairs for a total of $ 3,477 or a PU cost of $109, which is very low.Repairs expense might be coded to Supplies of $6,961, but you will want to understand what is being allocated to Supplies.Are you planning to self manage or have a 3rd party manage?

@Rich Hupper, 1031 exchanges have been around since the 20s as part of the code.

I'm doing probate, absentee, code violations, taxes, and now evictions.

I think it's a code box on the door handle... but he never shows a unit.  

With the code L785980 you get free activation and free shipping.