Given that the seller is financing the deal for the 2 years and then the plan is to re-finance it with a bank, I am having difficulty producing such financial analysis.

Any changes in federal spending could influence the job market and, subsequently, the real estate market.4.

Just as an aside, both plan to keep their owned real estate and lease it to the business buyer.I like that because it makes the business much easier to sell.

New York is hard to evict people and you'll end up spending more time and money doing it yourself.

Would you rather set it and forget it and not need to refi again or rather take advantage of low/no closing costs on this loan and plan to be more aggressive on your rate at the time of your refi?

Over the next couple of years, I don’t plan to use the property often, but I may stay there occasionally when it’s not occupied.

How do you plan to operate it?

Mom’s estate plan should probably address this separately from you. 

I want to have a game plan in action prior to reaching out to lenders. 

Example - borrower uses loan to purchase a home in a B or C grade neighborhood for 380k, spends 50k rehabbing primary home, uses 200k to put an ADU in the back, appraisal comes back at 925k.