Developers and interim owners have for decades retained these rights when selling the rest of the real estate in case oil is ever struck a la Beverly Hillbillys.

Weather cools, people are busy with school, resting from summer, prepping for the holidays, etc.

Those frauds just buy 'carbon credits' so they can feel better about themselves, they don't really care or they would alter their lifestyles instead of pounding the rest of us with the guilt, Lol....And if we look at the temps for the last millenium instead of the last century, they can show that although we are in a temporary upswing, we're really on a slide into a colder era.

My strategy is to use HELOC to cover down payment and convention loan to cover the rest of the mortgage.

I understand I need to consult my lender for an official answer.

Who know's, I have as much trust in FBI as rest of F.Gov nowadays.

Please don't rabbit hole on this comment and ignore the rest of the post. 

Tenants are paying their rent of $440/month, I want to rent the rest of the 9 renovated rooms for $600/month. 

About 20% use DSCR (usually 20-25% down) and the rest are cash or hard money or something else.For $325k purchase:1) As a broker I would negotiate down as its been on the market a while and its especially now in holidays)2) I would also negotiate seller paid closing cost credits, most loans allow 3% which should cover most or all of that.3) Assuming you paid $325k but got closing costs covered I would anticipate a minimum of $32,500 down and maximum $65,000 down depending on lending product chosen.4) Remember you still must furnish and I use $20/ft as a safe estimate to fully outfit an STR property.Best of luck!

Then take the rest of the cash and put15% down on a 2-4 unit in Florida as well.