Going about the process the wrong way could jeopardize the deal or maybe even result in regulatory consequences.  

@Dimitri Paspalaris it's all a function of roi, cashflow, appreciation, risk, comfort, regulatory environment etc.

The info on the upcoming regulatory changes is a real eye-opener.

Hoping to connect with someone who has bought, brokered, or managed multifamily projects with these government regulatory agreements in place.

"We remain very concerned about a potential wave of borrowers seeking assistance after the emergency protections expire later this year, and we will use our regulatory, enforcement, and supervisory authorities to prevent avoidable foreclosures," said the CFPB spokeswoman.The Consumer Financial Bureau seems poised to take over this part of the role from the CDC.

A part of that is Covid and a part was the addition of $7,000,000,000,000 in new national budget deficit, but over time, Berkeley's incessant regulatory assault on homeowners and property rights has prevented thousands of new condos and rental ADUs from being established/built.

We are undergoing regulatory approval before we can launch and hope to have that completed in the next month.  

* Are there any regulatory burdens I need to be aware of for properties of this size?

There are also 2 clauses to be waived upon satisfactory inspection and contacting regulatory authorities for due diligence.

likely  not worth it ...there is a lot of  regulatory  beaucracy in place  when it comes to appraiser   relationships with lenders  ( AMCs are in between )  ..lots of time  is required to get to a point where you are  certified and you will not make very much for the  time you will put in to the mix  ...if  you are  interested  in doing it  -that would be  great as many appraisers  are retiring and  there are not many young ones  coming in