Investors that try to use a second home loan to put 10% down and neglect these restrictions can risk being put in default/legal trouble.

When he went to draft up the contract he made it a Confessions of Judgement contravr in which I waive all my rights and if any of my "associates or friends" talked about him I'd have to pay half a million per offense, and he could easily claim a violation happened that never did to collect half a million dollars and I wouldn't be able to do anything about it.He consistently threatened me with legal action into trying to get me to accept that crazy contract.

Either set up a legal partnership to do the whole project or move on. 

My property is a legal three unit.

We had one in the Pandhandle, but it was street legal.

@Colby Wartman This is not tax or legal advice but my opinion as a person who qualifies as a real estate tax professional. 1.

When dealing with legal matters, the biggest mistake folks make is not listening to the attorney.It sounds like you’re out of town. 

The note is going to have the legal description which includes those unsplit parcels.

You want to make sure that you’re legally allowed to build the type of building you have in mind.

I am definitely going in legal way for sure but wanted to make sure whatever I understood from online search is correct or not.So, I should go with investment rates.Is there any recommendation to get good investment rates?