Perfect example: I have a client here in Phoenix who is an oral surgeon and does very well.

Investing some or all of the $887k, and then having the cash return on investment go to charity or whatever other item we want for ourselves or others would fall into the investment mindset. 

I need help with some or all of the following:HCAD property classificationBuilding permitsMulti-family property requirementsRe-plattingFinancing that works for whichever method we land onHas anyone worked with someone with expertise here?

Is $6.5M just a price of the building or "all-in" price?

Doing portfolio loan definitely makes more sense if they are all used for the same purpose, either all STR or all LTR.

Or all of them?

If not, what’s the best indicator that the bids will Be lower.Answers, thoughts or comments to any 1 or all questions are much welcomed and appreciated! 

Alternatively, if the investor has a net worth exceeding $1 million, either individually or jointly with her/his spouse.Any time you invest in real estate, or anything else for that matter, there’s always a risk of loss of part or all of the invested capital.

What would be grounds for keeping a portion, or all of, the security deposit?

You can avoid part or all of the realtor fees and avoid other competition to drive up the price.