Quote from @Chad Edwardson: i have built two STR properties since 2021 and have a third one permitted and ready to build.  

Priority should be removing hurdles and permitting costs. 

I'm worried that I may never get a certificate of occupancy if, for example, something is not up to code or was built without a permit.

To help with this down the line, document all improvements and keep permits in order.

From my understanding none of it required a permit or a license.

And definitely ask the city building department — they’ll know which firms regularly submit successful permits

Thats after wages , materials , permits etc .  

I suggest checking out lob.com for automated mailing of notices.

I am currently doing a live in flip we got it under market value, normal loan and remodeled it within 6 weeks then moved in (with permits). 

This is significantly more cost-effective than new construction, which can run $80–$120 per square foot or more.Other cost-saving factors include:Fewer site development feesReduced permitting timelinesLower labor and material expenses in conversion versus new builds📈 Income Potential and Return on InvestmentSelf-storage has proven to be a resilient asset class with high occupancy and strong margins.