I wouldn't touch a 2 million dollar luxury home. the land cost at 400k is too much as a percentage of the after built value too. we try to underwrite 10% and normally try to buy land that has 5x multiple through zoning or entitlement for additional upside.

After a tenant moves in, we normally call to verify with the utility provider that the tenant has setup their own utility accounts. 

I showed in another thread the supply trend and price trend, it's very linear which is not normal but I guess for markets sub median home price it's okay. 

What I would not do it state a number outside the expert range such as a 50% decline (that you used) and attempt to pass that off as the normal decline.  

You're income certainly isn't "normal" and some banks might shy away but this is a personal business and if you have a track record, I think you can find a bank to say yes.

It is normal for a dog, in their own backyard, to be bark and go running to the part of a fence that has a person on the other side of it, and often get on their hind legs with their front paws on the fence.

Anyone else run into this or know if this is normal?

Is this normal practice not to sign a Settlement Statement or not to be provided one at closing?

Do I gamble my last dime on a single-family cash cow, or do I roll the dice on a flip and hope Lady Luck is on my side?

Builders normally build in a little something for buyer's agents, and the NAR agreement doesn't take the buyer's agent comp out of the MLS for a bit, but the agreement still allows for them to offer something to the buyer's agent.