Will see if this applies also to the investors.I definitely will not rush with any decisions; will probably need to speak to RE lawyer once I have some info on the proposed settlement.Account Closed, sorry to hear that!

With an initial proposal, you can start the process of attempting to get it rezoned. 

Some might be OK with what you propose, others might not be.

The loan officer there was more willing to listen to what I proposed than the one at the first bank, but they turned me down, on account of not enough income. 

I can offer money to the tenant to get them out sooner and that is definitely going to be something I'll be proposing to the tenant.

With 20 units something is “always going wrong” so I’d propose that it’s actually easier to manage.

Would love to hear if you got any feedback on your proposed venture, and if you pursued it...with success?

Wondering what BP'ers think of the newly proposed BC Speculation Tax?

I'm proposing that if the seller is willing, we get an appraisal for the market value of the property as is, and then let the owner continue to make mortgage payments while I renovate.

Good afternoon BiggerPockets family, I don't have one specific topic or question to propose on this discussion; more so seeking some feedback on my situation.