https://www.cnbc.com/2017/08/22/inside-jay-z-and-beyonces-mansion-hunting-journey.html

Look around and you'll see mansions on 2 acres being offered for under $2 million in 20854.  

Having a price range is a good start, but you can find a 500 sqft piece of junk downtown or a mansion way out from downtown.

This one is an unorthodox rental it is a mansion 6000 sq ft etc but an older nice house that requires a lot of TLC

I'm not a lawyer, nor CPA, and you need specialized advice.But here are some suggestions:- since you are dealing with partners, you need to have things very clear (what do you think it happens with the multifamily and the joint account if one of the partners hits someone's Lamborghini and crashes into a mansion and/or putting a person into hospital?)

Thinking of going to close to $2,000,000.)I have a historical mansion for sale that's a flip project. 

My wife is from Japan and all her friends and family want to buy brand new mansions or SFHs because interest rates are very very low.

Of course you are not going to eliminate any of these restrictions before closing because they run with the land.Let's say you are buying a property and your plan is to tear down the existing home and build a mansion.

In Texas, it's about $20 to $50 in filing fees to change ownership, whether that was a $20,000 unimproved lot or a $10,000,000 mansion. 

Hi, I inherited a 1 family home, where I had been living for more than 10 years, I did not pay rent prior to inheriting, continued to live in after inheriting, no interruption.Got the deed 1.5 years ago after probate procedures , but inherited it 3years ago as a matter of state law the title of the property passes on to the heir upon the descendent’s death.For the last two years it has been owner occupied rental 50% of the property several rooms, it is a small mansion.