I bought the property from a wholesaler that was working with the agents on behalf of out of state family members of the owner who had passed away if I remember the situation correctly.

The pro development and affordable housing advocates use the term NIMBY, but I suspect it is the rare person that buys in a single family zoned area that would be thrilled to have 17 units (qp16 additional units added) in the lot next to them.My initial protege was the land source on this effort.  

Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.  

I currently have SFH and multi-family long term rentals and I partnered on a short-term rental.

It is RS-50 zone requireMinimum Lot Size: 5,000 square feet.Minimum Lot Width: 50 feet.Setback Requirements:Front Yard: Minimum of 20 feet.Side Yard: Minimum of 7 feet on each side.Rear Yard: Minimum of 20 feet.Maximum Building Height: 35 feet.Permitted Uses: Primarily single-family detached dwellings.To have different lot size need neighborhood approval, I believe...  

Exemptions to getting a 2nd FHA loan per HUD handbook are:-Job relocation 100 miles away or in another state-Increase in family size-Vacating a jointly owned home (ie - divorce or the like)

Since then I have been able to also use family offices and hedge funds to get deals funded.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Madison.

At some point, everyone wants cash to start a business, buy your dream home, or go on an incredible vacation with your family.

I don't think we are going to be able to come up with $50K before they're going to need to move and no, definitely no family members able to gift $50K.