When an appraiser is adjusting a comp to match the subject property, he or she will use an adjustment based on the difference in square footage.

2) How well do you understand the differences between Class A, B & C?

Different banks/lenders are going to have marginally different numbers, but as long as you're not getting an exorbitant interest rate, it's going to be more-or-less negligible.

Hi Shayan,It definitely doesn't hurt to get another quote from a different GC for sanity check.DSCR loans won't work if the property is not rental condition and it won't fund any of your rehab budget.

Steps: you go under contact with the owner of the property, you assign the purchase and sale agreement to the end buyer, the end buyer closes, and you get paid the difference between the agreed-upon price between you and the owner and the intended purchase price of the end buyer. 

You are correct; it would be awkward having two different parties staying on the property. 

We're looking at a rather large loan and I feel like we could go down a different road if this place is not legit.Thanks. 

Same basic structure they asking price is a suggestion, I offer what I think is a workable number for me and we negotiate to the "middle";  though the middle is not halfway, we never "split the difference". 

I had the lease wording that says in slightly different wording "This lease is for a year.

There is no one size fits all answer for this question, market to market, and property to property are all different.