Quote from @Lexie De Stefano: I like this train of thought and think you should aim for option 3: conventional loan + lower downpayment (perhaps even lower than 10%).

The Deferred sales trust is an installment sale ( not to be confused with a Delaware statue trust or what Thomas is referring to above as a 30 year monetized installment sale). 

Columbus & Dayton are great markets for investors but present different types of opportunities.

My Borrower moved his company to Delaware making it an LLC there which makes me a bit worried that he might try something and try to get out of the loan by splitting the llc .

The real estate landscape is always evolving, presenting new opportunities to discover.

Working with a good loan officer or mortgage broker can help you to get your file set up in a way that presents you in the best light to underwriters.

Your presented average is $1415 a unit. 

Out of the ones you mentioned I would invest in Bridgeville if the right deal presented. 

Building department can advise on specific next steps - municpal hearing and presentation of plans will be required in most cases. 

To clarify, my focus isn’t on analyzing T-12s for purchasing a property but rather on developing a solid T-12 for managing my property effectively and for use when I eventually sell my investment property in the future.I want to ensure the T-12 I create is both accurate and straightforward, serving as a reliable tool for tracking performance over time and presenting the property’s financials to potential buyers down the road.If you have any advice on key elements to include or how to structure it for these purposes, I’d greatly appreciate your insights.