Of course this can be different depending on where the property is located but if you can meet these requirements, then it would be considered a bedroom.Notice that closet isn't listed like I had pointed out in my first post.

Most of my locations are in areas that a store maybe 10 minutes away. 

The rates are higher and points +++ plus prepay for a commercial loan or hard money loan.Loans closed in America are reported and stats are available as to who closed, how many, loan officer, dollar amount, loan type, location and more detail.

Location: Tampa, FLZoned: RS-50Lot size: 6,969 sq ftNew construction homes in the area are selling for at least 350k.*** Also, this deal has lots of red flags including the immediate 30k price drop, the 10-day fast close & the non-refundable 10k EMD.

The benefit of purchasing in high cost location is the higher building value, thus greater depreciation potential.

The property would be in a C+ to B- type location, with cash flow as the main objective and appreciation second (75/25 split).

This in conjunction with inventory increase, I don't see price appreciation in balancing markets without primo location. 

So for a Qualified intermediary, I see that you are, does location/state matter?

We have located a good parcel of land at a fair price, only issue is it's currently zoned for residential and we are planning to develop a small, 8-unit apartment on it.

But the property could be an incredible deal and also would be a very special property do to its location and potential to be brought back to life.