The one we are considering, Family Dollar just exercised lease extension at this location through 2027.

I can pull a sample flight time/cost, if so! 

Can anyone here send me a sample estimate for Garage Conversion?

I asked for a sample estimate ahead of time to make sure I can check everything.ALTA Seller's Settlement Statement provided by the buyer's title company lists:H.

I appreciate it If you decide to approach your tenant about them purchasing the property I recommend you contact a mortgage broker first to let them know what you are considering  Your objective is to get an idea on what the potential rates they may charge your tenant when it's time to exercise the option to purchase. 

Note: I am under the impression that me material participating in this exercise will fall under the "Real Property Development or Redevelopment" activity, thereby allowing me to cost segregate the home construction cost.

Any RE agent advising to you that this is an option that you should exercise in order to better afford a home should have their RE license revoked for violating their fiduciary responsibility to you as a client.

Phase 1 is an initial assessment, more focussed on document research while Phase 2 is where they actually take soil samples etc. 3.

But if you want to, they have some sample templates.  

Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.