They can be all dangerous and some often carry legal risk.

Is this legal?

I realize that once someone creates a letter of intent they can start on the due diligence phase to learn the financials, physical, and legal but what else can I learn about a property before making an offer? 

These clauses should have exceptions for legal testimony and other things.

– I’m exploring whether I can remove the SRO designation and replace it with Artist Dwellings, but I’m unsure of the legal requirements or how this conversion works.If anyone has clarity on the definition of Artist Dwellings or proven strategies for making this type of conversion, I would greatly appreciate your input.Thanks in advance for any insights!

If you had been using a good agent, first thing they'd look at is if it's actually a legal multifamily.Certainly sucks.

Then when it comes time to legalize, looking to get everything approved at once, with the data point that it was built to code in the past.

HouseMax agreed that I am owed the full $14k, but they informed me that the "investor" and loan servicer (FCI) are refusing to refund the amount.I'm unsure who should be held accountable or what my legal rights are in this situation.

If the tenant wrote you that they were vacating and they did, then you have legal possession.  

This helps avoid our clients/real estate investors a lot of legal issues.