Quote from @Matthew Samson: @Corby Goade yep, that sounds like a plan.

Any suggestions would help please Colorado Springs has some weird regulations about this depending on which county it's located in so be sure to check in with the planning department in the specific county you're looking at.

It might be worth a follow-up closer to the move-out date to confirm their plans, but avoid excessive contact to prevent escalation.

I plan to use a HELOC but would be interested in the thoughts of others in BPs on this approach or recommendations if there are other ways to financing that I should consider.

If you're planning on managing the rental unit yourself, you'll learn a lot about owning rentals pretty quickly.

Plan to buy at 4 duplex and a single family(which includes a lot) this year.

Is it tied to changes in the market, a response to new regulations, or part of a long-term plan?

This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.

Link to home: https://www.zillow.com/homedetails/5649-36th-Ave-SW-Seattle-...Link to new Seattle zoning plan: https://one-seattle-plan-zoning-implementation-seattlecitygi...

You need to make a written plan with him to get this over the finish line, with cost estimates.