I do know people rejected by the historic district committee when trying to turn a sfr into a multi or condo.

Local banks can decide in a committee if they are comfortable with your situation.  

We have for the last 10+ years also run a successful PM business, a vertically integrated renovation business and property coached and spoken at conferences and meet ups, as well as sitting on the regional, and national boards of the property investor associations including being on the committee that ran the 2011 NZPIF national conference in Queenstown and the Property management association in NZ with my wife Tania.I have been using BP to both connect with those who want help in investing here in Otago and NZ as well as plan the next stage of our own investing which may look like getting in to new unit development due to new planning rules coming into law soon in our district and having a real interest in increasing our Cashflow from our existing assets.

Ran the numbers, checked comps, talked to the condo's HOA committee, went through the property my realtor and it appears to be a decent investment.  

A promise that was agreed could not be gained by any other for the land in question.Now the next hurdle is to make the offer to the committee  for the trustee.  

Funny, I just sold rural land with a tear down, closed last month.I've been the non-profit route and for profit route to acquired property to demolish as well.I was chairman of a city  rehabilitation committee that investigated blighted areas and properties for redevelopment, some aspects we looked at:Pretty well mentioned above that when the cost of rehab exceeds the market value a scrapping is probably in order.There can be more to it as well. 

We disputed the number and challenged our loan officer to take this to his committee.

After your $750.00 appraisal is received , it takes them a few weeks to hear back from the “Committee”, then they come back with the new updated term sheet a few days from the closing date.

Submit the site to different real estate departments for these tenants.The committee meets about various sites sent to them and proposals.

This whole article is a story of assorted Communist Action Committees....