Last week, they proposed a 2-year contract with the same terms and conditions we have been working with the last 3 months.

A conceptual question for you:From the point of view of a capital partner arranging a partnership with an investor who is getting into the game and will do all the hustling and managing of the business…how would you propose a cash flow and equity split under the below two scenarios?

The current proposed bill has the following clause: "The bill also prevents investing in an entity in which the IRA owner is an officer." which is generally how the checkbook IRA is structured (IRA owner is the Manager of the single member LLC that is wholly owned by the IRA).See https://waysandmeans.house.gov...Also https://www.advantaira.com/blo...Sec. 138314.

Much like what the city just did so too will the county.At their September 28 Regular Meeting, the Alachua County Commission discussed their draft Residential Rental Permit ordinance, which has a proposed effective date of March 1, 2022.

This means the rents must equal 115% or more of the proposed PITI payment.

Worst legislation in the country by a long shot.

I think you're right and proposing a healthy mindset.

A lot of what you are proposing is pretty complex - especially if you have little experience, average credit, and little reserves.  

Once the family members with disabilities or who are sixty-two (62) years of age or older, or any other family member, no longer reside(s) in the premises on a permanent basis, or the title is transferred, the property owner shall notify the zoning official in writing, and the accessory family dwelling unit shall no longer be permitted, unless there is a subsequent, valid application.As you can see, it's really all up to the zoning department of that city or town, and my guess is that if your proposed use doesn't meet the above, they will not approve it.It doesn't really sound like they're talking about an entirely separate structure, so if that's true then the question about getting bank financing for such construction would be moot, but it's possible I'm reading the above wrong.As far as whether you can build on the empty small lot in general, you'd want to look up the zone of the lot on the assessor page and then look up the Permitted Uses section of the Cranston zoning ordinance to see what can be built there and Zoning Districts Designated to see if your lot meets the minimum lot size to build something.

However, there are no metrics I see right now, along with the actions and proposed actions of the federal government that would indicate to me that housing supply will drastically improve, or interest rates will drastically rise soon, that would lead me to conclude property prices or rent costs won't drop in the near future.