These are professionals with additional training and a stricter code of ethics.

Thanks for any additional input you have time to put forth. 

Additionally, depreciation deductions on the multifamily property could offset a portion of your rental income, further enhancing returns.Key considerations:- Financing the multifamily: Would you go all-cash or use financing?

Additionally, the boots on the ground partner has to be extremely trustworthy.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

In addition, there's a church, Bethel Church, and they have a ministry school, Bethel School of Supernatural MInistry, which is expanding to have 3000 students.

I have about $100k in capital reserves and can leverage the 2 properties for additional capital, as needed.

So sad to hear that all the time and money you or your clients invested and the trust you had for Delta Build were lost, in addition to the lost opportunity to otherwise make money.

I heard that you would need to get neighborhood approval in addition to the city approval... 

In addition to interest and repairs, you can deduct off a 27 year depreciation on the home.