Bottom line is you can rent out on a short term basis and you don't get into a legally binding agreement during the first year where you lose the ability to occupy the property when you so choose.2. 

Does this affect their ability to live in the house or use a part of the house for an extended period of time? 

you can build one development and entitle raw land and get 30k a month with your balance sheet and cash drawdown ability. no one who commented in columbus really does that but it's what I do. if you want to buy one at a time or 3 at a time and take your time in older housing stock I would but ground up land development and real estate development is very good and strong and new construction is on fire in columbus where the economics work very well. 

I have the ability to lower the price until the deal makes sense for both parties...  

The first of course being ability to repay (which borrower should qualify for in this instance since their payment is going down), but more importantly is the loan to value. 

The deal exemplifies our ability to deliver outstanding results through strategic investments.

The deal exemplifies our ability to deliver outstanding results through strategic investments.

I'm the youngest in the group (by 20+ years) and my inexperience in real estate transactions is combated by my ambition and ability to work with numbers (this is where my job as a credit analyst comes into play).

His knowledge and ability to analyze the market is extremely impressive.

Will report on what I get.Representative is very definite about ability to close in 20 days.