I would appreciate any advice on anything I may be missing with putting this together or should neogotiate before finanlizing.Negotiated so far:Property: 9 Unit - 7 Apartments + 2 Commercial Garages (4 unit apt building + 3 unit apt building w/ commercial garage attached + standalone commercial garage on same lot)Background/Why owner is selling: A seasoned builder of 50 years, the owner purchased the property in the 1970s for around $8,000.00, later developing three apartments and two commercial structures.

Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.

I'm actively searching for my next investment and would appreciate any advice from seasoned investors and developers.

Has it developed much in the last 5 years? 

Over the last year, I've developed a passion for real estate and want to be able to use it to generate income and secure financial freedom in the long run.

I do ground-up urban infill multifamily development and we are effectively at standstill as far as new projects go.  

Plus, with how much appreciation is coming to Columbus Ohio, that house will easily 2x or 3x over the next few years from all the population/job/companies developing here.Plus, Anduril just announced another 4k jobs and over 1B+ in development in Columbus Ohio along with all the companies already developing here (Intel, Google, Amazon, FB, Nationwide Childrens, etc)

HUDuser.org is great for vacancy rates, but cross-referencing with local market reports is important for more context.For job diversity and employers, LinkedIn or regional economic development websites often provide insights.

I’m passionate about the development and redevelopment of these assets.I come from a background as a commercial wholesaler and have worked with respected groups like Sands Investment Group, Hudson Edge LLC, and Vail Commercial during my time in wholesaling.

We are seeking joint venture opportunities with experienced developers who can see the value in this project and help us navigate these challenging times.As partners based in NYC, this venture was beyond our usual real estate development experience.