Even from the good ones, the quality of their answer is dependent on the quality of your question (so educate yourself to ask the right questions in the right form...which is what I think @Max Bellino is trying to do here).I don't know if Max can benefit from my notes and diagrams, or if they apply to his situation and plans, but since you mentioned them, here they are - just be advised this is from a lot of sleeping at Holiday Inn Express many years ago so take them with a big grain of salt and don't construe them as legal or tax advice:If you are new to REI you should be primarily concerned with finding good deals and growing your business first.

Putting 5% down and buying a property a year will allow you to acquire properties quickly while still scaling wisely.Take all of this with a grain of salt, it's solely what I would do in your position.

To add salt to the wound I tried contacting the previous owner who made the addition with no luck.

Try to take what RK says with a grain of salt. 

Take the answer with a grain of salt because values can vary drastically.   

Man, you call me when I'm losing my house to foreclosure looking to cash in on my misery by getting my house cheap and then rub salt in my wounds by telling me you're "helping" me...You better hope and pray Greek curses stopped working after the Cubbies won the Series.

Access to our out door salt water pool and hot tub, fully equipped work out facility, and community room with additional washer and dryer.

I am a new flipper in salt lake seeking hard money lenders and wholesalers.

I would have a company come in and test if for asbestos.If it is asbestos free, you can spray it down with water in a spray bottle and scrap it off.

Hey guys,I am interested in investing and building a team in Utah Salt Lake City.