homes are sold everyday without proper permits.  

SF proper had very few foreclosure, and the core of the city only fell 15-20%.

A lot of the risk of what your talking about with vacancies is avoided by properly screening your tenants and if your getting 1200k per month your tenants should be decent.  

Hey question if anyone has done this and knows the proper way to do it.Lets say you wholesale a deal to aninvestor who will be using some sort of traditional financing.  

The state and county (Mecklenburg) does not require soil testing and there is not a procedure that must be followed to "close" out the oil tank.The only problem is that the buyers are strongly pushing for a soil test and proper closure of the tank even though there is not a defined requirement for this. 

It looks like this is allowed up to an amount and I just want to be sure I do it properly. 

I simply want to be able to properly deduct/capitalize/whatever these expenses and the BP blog article on the March 15th deadline being different this year is really freaking me out.

My thought is if the original purchase were structured properly, there would be no need for a second purchase (which might trigger a new 12-month occupancy requirement).Assuming I need a second name on the loan to allow someone else to occupy, I need to do more research on what it would take to remove that other person from the loan later (ASAP after the 12-month occupancy is fulfilled).

You'll have about as much security as limited to proper notice for non-renewal that would require a notice period equal to 30 days given prior to the first of the month.

In some places they're as good as a proper duplex, in others they're only allowed if the owner lives in one of the dwellings as a primary, etc.