There is a grey area because according to local codes, small apartments like this duplex are only required to have "safety inspections" conducted when complaints rise.  

Hey BP, I am looking at 5-plex opportunity deal and was hoping for a little insight on cap rates there.The property located in  35204 zip code.

Who has properties in the 40215 zip? Churchill Downs area? I have so far stayed south of the watterson expressway and that had been working good for me so far. The lower prices around the Berry Blvd Taylor Blvd are...

They may not be thrilled about giving some of it, but worth asking:Physical occupancy vs. economic occupancyRecent CapEx itemsAny known upcoming CapExAny open code violations or tenant complaintsBackground checks of current tenants

Not only will this have to be disclosed but no buyer wants to take on a code violation issue that will most likely result in the property being gutted to the studs.It's important to remember that there is a not so fine line between being helpful - and making someone else's problems your own.

If Wayne Junction the 19144 zip code?

I also point this out at move in to encourage them NOT to hand the code out to friends, especially 1 night friends.

The newer seismic codes are overkill, IMO, as many have been lobbied for hard by Simpson; there are many homes on the sides of hills in LA from the 60’s that have no seismic retrofitting and are still standing.Before going too far down the path of retrofitting your CMU building I would make sure that it isn’t already filled with rebar and mortar, as well as bond beams.

Hi all,Found a blog post addressing this from back in 2016, but not anything since the major tax code upheaval.In a situation where we'll (husband, toddler & dog - military family) be somewhere for just one year, we were going to just purchase a house and then rent it out when we left, but the numbers aren't working.

Many areas will have a color coded map that show what is zoned for that particular property.