This is not likely in actual practice.

This is a practice by some less than reputable companies.

This is a practice by some less than reputable companies.

This is not a wide-spread practice, but I think its worthwhile to research this and ensure yourself that you will not be stuck with the tenant's electric bill.

Not sure if this actually applies, but the regulations on ASU permits is the units cannot be used to rent out. " If Owner/Builder exemption as described in NC General Statute §87-1 is being claimed in lieu of licensed contractors (building or trade), a statement from the owner that the ADU will be built solely as Not For Rent is required prior to issuance.

So, I guess this analysis is just for practice anyway.

That's fiscally conservative, practically bigger pockets heresy (people are looking at me and taking their pitch forks out, as we speak), but whatever, so be it.

First would be to search the online listing, see what's available and practice analyzing/underwriting the deal to make sure it makes sense.

New regulations in Bar Harbor pose hurdles and reg's may hit other island towns soon but the surrounding communities offer great potential as well

We dealt with a dozen or so contractors and subcontractors, nevermind all of the interested regulators (feds, state, county, city) so I got a healthy dose of understanding code, zoning, and contractor... relations.