It even violated setbacks and they were ok with it.The next town over, very CA-like, would have made me rip the entire thing out and put it back to the way it was prior to the unpermitted work.This is very city-specific and you should check in with the building department and ask them about the process. 

I could tell them about an issues (incredibly rare) and their HR department would handle it immediately.A company may pay a higher rent for the flexibility of moving their employees in/out at will.Challenges - I wasn't always aware when a new tenant would move in/out.

Or you can ask an agent if they would be willing to consult you through your first transaction.  

If it is a flip though, they are required to give disclosures (should happen in any RE transaction), so they should tell you whether or not they did anything to the pipes.

Some HMLs work with local and regional banks to fund part of each transaction.

You already know that the vacancy and sale transactional costs are what killed this.  

So you’ll really want to feel comfortable with the refinance part of this transaction as the LTV tends to be about 75%, so you’ll need to ensure you gain that amount of equity with your renovations.

You may need to file a report of fraud with the local police department.

Are you implementing options contracts into the transaction?

And roughly a few weeks after moving, still unpacking we noticed some serious grading taking place on the other side of our fence.After doing some research with the help of our realtor we ended calling the department of public works to enquire about the construction and they confirmed that there was no permit for grading or construction and that there hasn’t been any in the past 15 years.