I went by homes under construction to see what you could buy for varioius price points, types of construction, etc.

Yes the agreements are standard "boiler plate" in fact in some states they are made by adjusting a listing agreement.

For car loans, you'll have a lender's blue book with a stated value for collateral, that value may be adjusted slightly due to the condition and the inspection by the lender.

Well i wish i would have taken more pictures during construction (i forget to take them every time and regret it big time later) but here are the pictures.If anyone has any questions about the process, NY permits (stress), or materials used ..im here to help.

I called my insurance agent and he told me that they don't care about permits.the insurance agent/ broker is a middleman who moves paperwork between his client and underwriter/adjuster/main office etc. they might speculate but would not know that for sure until the ruling comes from the main office. once your place burns out the fire department will determine the cause. then the ball starts rolling ..was the job permitted ?

Rehab:Our construction knowledge is limited and neither my partner nor my self have taken on a full rehab project before.

To me real estate also lends itself toward allowing one to construct separate partnerships for each deal using joint ventures.

I am currently have a full time job at a commercial construction company as an estimator, but am flipping houses on the side.

An adjustment would have to be considered for the location on the busy street; similar down adjustments would be made for location next to industrial property, next to train tracks, with a freeway running behind the property (a fence can allow separation for safety, but won't reduce the noise by much), etc.

As Luis suggested, you might pay an appraiser so you can view the report and see which comps they chose and how the adjustments were made.