If a sponsor resists this basic transparency measure, consider it a serious warning sign.  

I've resisted long term rentals, but am finally accepting that this is the most boring but solid way to create wealth.

With 8' ceilings you should not have to dig out the basement, and with an RT4 zoning, provide all other issues (egress, etc.) are met, you should not get much (if any) resistance to adding that unit.

Resist the urge to oversell yourself and your experience.

While some lender will allow statements from other countries and will convert to USD, the path of least resistance here is to have your funds already in the US and create a US based entity to vest on title. 

The rental market conditions are slightly tight, indicating a healthy demand for rental properties.Student housing continues to be an attractive investment opportunity due to its recession-resistant nature and consistent demand.

Wind resistant.

If not, then the path of least resistance is to simply adjust your vision so it fits better into the lot, as-is. :) A zoning change can take up to 6 months, approval isn't guaranteed (despite Aldermanic support), and potentially cost a lot of money (architectural site / floor plans & dimensioned elevations, zoning attorney, holding costs, etc.) 

@Cathy Svercl you're looking to take the path of least resistance, which also saves you money?

He said it looks nice and resists scratches from pets.