@Lorenzo Wright, Once I've established a relationship with them, I'm not as concerned.

My largest concern based on the marketing package is the value add I can bring to the property, and the HOA fee's which aren't apparent in the marketing.

 - a study on rent cost compared to ownership cost shows that virtually every large city market it is initially cheaper to rent than own (I believe is was cheaper to went in 97 of the largest 100 markets)Miami and Florida have extra concerns:- insurance difficulties have resulted in large increase in insurance costs.  

I know not typical on here to have such a little amount in loans but we enjoy great cash flow that we live on, have lots of flexibility in what we can do and have no concern about making payments if the economy were to take a dump.

What are your biggest concerns about the project?

Originally posted by @Marie Pruden:Thank you, Ricardo P. and David To for your kind concern advice. 

After looking into it more, I'm concerned about potential tax implications and legal issues, such as piercing the corporate veil.

I have a few concerns that I wanted to get people's thoughts on. 1 - Selling a quadraplex 10-20 years down the road seems like it may be challenging as the market for that type of asset is small.

Sometimes they’ve got resources or connections that could help speed things up.What’s your biggest concern going into the hearing?

For a long-term hold, I wouldn’t be too concerned about the hill or alley access.