I'll begin by identifying a key element in the way WhiteHaven interprets our mandate - delivering the highest return possible on a risk-adjusted basis.

As such, it is best to have such assets held by an actual bank trustee serving as custodian.Coins as described equate to US Eagles in gold, silver, platinum & palladiumWith the lack of storage specificity for coins, it has been open to interpretation, including the ability to store such coins personally.Several years back, there was a boom in investors wanting to hold metals personally and many gold dealers hopped on the marketing bandwagon to offer plans to allow for personal storage. 

Also a minor point re: 20 days: my understanding is that the 5 day demand letter can be sent after 15 days of lateness, which many people interpret to be the 16th, but depending on how you read the law, you're safer with the 17th and that's what I've always used.I also believe that if the tenants are habitually late, and you warn them repeatedly that they're violating the terms of the lease, you may be able to evict them for "reasons other than non-payment of rent" (which is a slightly slower type of eviction often used for things like repeatedly disturbing neighbors).You'd also want to be careful not to let them basically change the due date by always paying late, thus establishing (by repeated practice and your not informing them of lateness) a later due date by practice.But these are nuanced issues, not really germane to your current situation but something to keep in mind for the future and when discussing evictions with an attorney or other experienced RE investors.

I read that and realize it could be interpreted in a way I don't mean.

There's recent commercial activity with restaurants and shops (Northwood Village, for example) that seems to either be driving it or complementing it, which I interpret as a good sign. 

I have never suggested otherwise and don't believe that the law does either.Rather than continue a protracted debate where we have each stated that we disagree with the other's interpretation of the law, I'll wait to see what the state has to say. 

But I want to make sure I interpret this first loan the correct way when articulating a potential deal/request with a potential HML.Thoughts?

It's my case that the landlord interpreted their refusal to answer as an admission of them being part of a protected class that the landlord then used to discriminate against"Similar to many peoples' opinion of a plaintiff in criminal court not taking the stand to testify...well he didn't want to answer questions because he must be guilty.

It might be a conditional use but technically, the City Council shouldn't be interpreting this based on what they want to see but rather on the code requirements and that you meet and conditions to the use. 

The way the zoning guide reads to me is that this property would only be able to be a duplex since 360sqft x 3 units = a minimum of 1080sqft lot size.I’ve never had a property land exactly on the number like that but my interpretation is 1080 gets you a triplex while 1079 is still a duplex.