Additionally, I have a broader vision for developing the land behind the property, which is currently in progress, creating additional opportunities for long-term rental income and growth.

Google search gives me these super wide ranges and mostly talking about adding a bedroom in a SFH, which I'm not sure if applicable to this situation of "moving/subtracting a bedroom from one unit and add it to another unit in a duplex". 

@Eric HemplerIf you are not employed by the sponsor then yes you must be a licensed broker-dealer.

I had someone give us a fake employment letter and fake Visa last month so if it feels off, trust your gut like @Jeff Willis said.

hi guys,I have saved a 20% downpayment a property but struggling to save the remaining 65K for fixing the property up.Example, the property cost 150K, I saved up 35k, but struggling to save up an additional 65K to do the rehab (my understanding the lender will not give me the rehab money right away, I have to pay my own money to start rehabbing and the lender then will reimburse me in stages the rehab portion)Correct?

@Heath Shepard I'm not familiar with the builder, however, with this being a new construction CBS build, there's little to worry about regarding hurricanes and additional protection.

As a result, I’m uncertain if any of the properties have illegal additions or modifications.

More often, I see people in Chicago using the MTR strategy to side step the STR regulations.I've considered buying a SFH with an in-law arrangement in Chicago to use as an STR because to me that seems like the best way to employ the strategy.

Going on a limb and estimating 50k, and additional 10k, to the budget.

Currently would add on an additional $5,200 when the loan is paid in full.