I'm assuming you used FHA on your duplex in 2021 so that 5% down conventional would probably be a good bet. 

But certainly desirability and demand will be impacted with this loan type being more flexible.

The architects also probably have a pretty good handle on the costs of construction because their plans are getting created for a certain price point.If you don't find what you are looking for, then it is a very solid bet that it's not economically viable.

Being flexible and accommodating is the way to go if you can.

They might offer better terms or be more flexible in such situations.Partnerships and Investors:Bring in Investors: Your friend might find investors interested in contributing capital in exchange for equity in the property.Form Partnerships: Consider forming a joint venture with a developer or another property owner who can provide the necessary capital for rebuilding.Similar Experiences and AdviceCase Studies: Researching similar cases can provide insight into how others have handled such situations.

More flexible than FNAM conforming loan.

I don’t know what Minnesota has for a definition of “substantive” contact, but I bet there’s a disclosure form for denying an agency relationship when one is vetting a potential buyer who wants to see a property.

You just have to be flexible enough and willing enough to deal with them as they come and not get discouraged or let relatively small setbacks derail your progress.Good luck with everything!

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

Once stabilized, you will appreciate the flexibility of the multi-family building.