In fact, when it comes to contracts, if there is vagueness the contract is to be interpreted in favor of the party that DID NOT write the document.

When the current shifts in your favor, you will be miles ahead of those sitting on the shore waiting. 

Perhaps they offer a favorable refinance option if the property has appreciated to the point where the current loan amount satisfies their non physician loan LTV underwriting.

Sounds like you're taking advantage of your favorable VA loan options smartly too.Good work - can't wait to hear about your next deal!

1)Purchasing distressed property with seller financing with substitution of collateral clause.2) Wholesale property as-is, then move favorable seller financing to better quality property keeper at below market rate & favorable terms.

Nice try, but no cigar.3rd warning: only paid stays count, and only full-price stays, not discounted favors for friends and family.

I have done fix and flips in Columbus where appreciation is strong, and I own a duplex in Toledo, OH where the price to rent ratio favors housing providers. 

If they don't approve the project, all the time and money spent chasing it yields no return.3) Market Risk: The market can change during the entitlement process, which can also work in your favor like it did for many Developers in 2021.That's why knowing your municipality, understanding their processes, and making wise decisions in selecting which projects to pursue are crucial.Success in development requires choosing the right projects that 1) meet your criteria and 2) have a promising path to approval.The good thing is that this risk is compensated by having a higher return.

If the owner financing terms are flexible, what would make this potential purchase more favorable on my end?

This is a big legal issue that may weigh in favor of the investor.