Very few people go to the main page without a destination and dates in mind.  I

Something to keep in mind is that you should try to have at least 6 months of reserves saved additional to the down payment when buying a property.

But in my mind I dont care what you bought from an SFR rental to a SFR personal resi etc. if you leveraged 80% in the last few years ( with very few exceptions) if your selling or forced to sell transaction costs and with income property in many areas the values have gone down if you have to sell now so to my way of thinking most folks that have 80% ltv have zero equity or net worth if you take a snap shot in time like today..

I would assume a seller "in their right mind" is not a motivated one.

Changing your mind " Is a foolproof legal defense .

I actually put myself on pause before submitting an offer because of these issues and questions that come to mind. I

You need to find architects/engineers in your market that deal with this type of project.In my mind, I would like to know what the per unit cost is of each unit.

Quote from @Mindy Nicol: Congrats Philip. 

I have a couple ideas in mind.  I

the other thing to keep in mind is the insurance.