We went through all the planning, I got a new loan, submitted the plans to the city, the city came back with some changes, submitted to the city again, then the city came back and said that the coastal permit wouldn't allow the addition and even if it did, the local code would only allow an addition of 400 sq ft.I live in San Diego and this should have been picked up at the beginning when drawing up the plans (before I refinanced for the construction).

Landlord leases to Tenant the land and buildings located at ___________________, Florida zip code _________ together with the following furniture and appliances [List all furniture and appliances.

This sentence also accomplishes the avoidance of triggering a sale as defined by IRS code.

@Doug Johnson  code for accredited other wise they need to elect some of the smaller PPM type offerings were they can have fewer than 35 and only up to a million..

I do some things to help the tenants, but mostly because it is code and they could call the city and have it inspected.  

And if it's really old and renovations are significant you never know what was (or wasn't) done up to code.

This is the way to go.. check with your city code ,,, we put in a vent for bathroom in a flip, the exit vent had to be at least 3 feet from a window or door.. so find out if that is consideration,, because it matters,, they don't want exhaust that's being vented out to come right back inside thru a open window or door... 

I also would be hesitant to go by zip code.

As long as your up to code, of course. 

Fortunately, the NAR Code of Ethics is pretty clear on the advantages of the Wholesaling Realtor®.