If not, you will likely have to find a capital partner to assist with the completion of the permitting and then seek out the equity source you are currently pursuing once the project is shovel ready. 

Zach and I are colleagues we currently do not have any business together but he will call me and I call him to discuss things related to RE..

We both live in MI and my current plan is to invest in single- and multi-family in solid, path-of-progress neighborhoods in metro Detroit, and also get some larger SFH's in the more expensive market where we live and do rent-by-the-room/co-living.

The current one lasted 8 years and needs to be replaced (as per what our property manager is saying)I heard front loaders could leak, so I typically only do top loaders for rentals.

With where you are at currently, I would recommend a regular tax prep agent from a company like H&R block.

Buyers usually want to purchase on today’s value while sellers often want to use future potential of the property (“current rents are below market” or “room to build an additional property”, etc) to increase the purchase price or likelihood of a sale.

Sorry, have not been on in a while - I did not attend the event and currently have decided not to pursue RAL and focus on our single family and multifamily properties.

Congrats on your success so far.Some random thoughts for you:- It might be difficult to tap the equity in the rental at this time given the current state of interest rates. 

Their children (now in their late 40s) inherited the house, but they have not listed it on the market, and I heard that neither is willing to move into it from their current setup, so the property has been sitting vacant.

Looking at 50% LTV currently.