I am 2 weeks from closing and the appraiser informed me that the SFH in Florida I’m in contract with is zoned strictly for commercial use.

What city characteristics do you look for or is it strictly cashflow numbers? 

This opinion is strictly based on general assumptions. 

Meaning, the bank can be MORE strict that than.

@Chandler Roman are you rehabbing for an investor or strictly retail clients?

I’ve got a couple free and clear homes and one condo that I bought strictly for appreciation and now that it has reached the value I said I’d sell for, I’d like to move with it.

Originally posted by @John Thedford:See 475.42 and 475.43 I think this is in OHIO.. but regardless OHIO is very strict on selling RE without a license as well.I think a work around for this person is to have the elderly man bring this person into his LLC if in fact the LLC owns the properties as a 20% owner..

I have made offers on two deals so far, it is not more because of the strict stipulations of the lender (the deal has to be EXTREMELY good).

They usually are putting more down and it’s not as strict with the inspection requirements as FHA is

I look at any investing as a financial diet, the same diet doesn't work for everybody.