They are the "best house on a bad block." 

For example one big row of 15 units isn't optimal but if I want to break them up I would have to have 20' between blocks, which would kill yield.Instead of waiting for them to modernize their multi-family regs (at least a year out, maybe two) or sucking it up and living with the costs as things stand, I could instead do 5 "triplexes" of single-family + 2 ADUs and bypass some restrictions (only 5' setbacks between blocks, 1 parking space per ADU unit instead of 1.75, etc.).But I'm concerned that Seattle builders may quickly move away from this strategy as HB1110 will (in Seattle and many other larger cities/counties, but not mine) soon enable sixplex townhouses in pretty much all the areas where the condo-ized ADU strategy has been mushrooming. 

Akron, like most cities, can change from block to block so parts of some zip codes are no goes for me.

Pay no attention to the keyboard warriors that took a course from a guru that's really not been around the block.

Can you provide a sample payoff letter you prepare or have received from your PML?

Embarrassing, because my seller did exactly that, without any of my loan details, and generated the exact same letter I had given to him.Lessons learned: gold cross = red flag, "have a blessed day" = "see ya"Date of experience: June 16, 2023

Also, in some markets, market demand changes from block to block. 

I was thought to use a letter of intent letter to obtain the house.Is this all you have to do and that bypasses the purchase agreement or do you need both?

I was coerced in to signing an acknowledgement contract, after they threatened to send a the $995 cancelation fee, even though I never signed the original acknowledgment letter, ON TOP OF THE $795 application fee.I am currently pursing a civil suite against them, have file a complaint on every single platform I can find.

I associate it with 1,000 sf houses on blocks with no garages and an illegal trailer dropped in the backyard.