Hello BP,I am looking at purchasing a property that would be perfect for a house hacking situation. The property has a walk-out basement with a room, living room-like area and a space for a kitchen/kitchenette. It wou...

BTW, the BOCA codes (Nothing to do with the city in FL) will require electric outlets with special breakers on the new bedroom wall--both sides-- so to be compliant, you need to know what is required.Perhaps you can do an interior division yourself, however adding electrical outlets in a bedroom (or anywhere) in a rental, IMHO, should be done by licensed electrician (or at least inspected by one with a sign-off on the work).

Real estate involves, at best, sixth grade math: addition, subtraction, and sometimes long division.  

Also, you should check out the PSA that CO Division of Real Estate posted about "wholesalers".

It will keep you above board with the division of real estate as well as offer you a better opportunity to make money slingin' deals.

Below is an image of our home and the property including a design of the planned division. 

The business will first focus on building up its property management division of the business to gain immediate access to cash flow and profitability.

The Colorado Division of Real Estate issued a warning, reminding agents to be cautious when meeting a new buyer for the first time.Please exercise caution.

But to be honest as long as the buyer is happy, you are not likely to run into trouble from the State Banking Division. 

Also, the majority of Title Companies do not specialize in Investor deals so finding one that is Investor friendly is key.I am the head of the Investor Division at World Class Title and we specialize in Investor deals.