This will be very challenging and you will need to propose a new zoning regulation that will allow your property to be permitted in the zone that currently does not allow multifamily.

Proposed rezoning of a sub-divided lot was discussed during the city's December 19, 2023, Meeting of Starkville Mayor and Board of Aldermen.

Since 75% of the proposed income more than offsets the PITI of the loan, it's a wash.  

Any thoughts on how I could learn to analyze the deal or proposal without getting very confused with too much information?

Note: I know owner will have to pay capital gain tax, etc. so I want to put a proposal together that can compare selling on the market vs. selling it to me and how advantageous it would be, but I can’t find the right numbers for it to work yet.- How do I make this work?

What are you proposing as the split of the wholesale fee with your closer?

.- After the CL and Land are paid off the developer is proposing we split the remaining profits 50/50. - Hypothetical Numbers*: Land value = $1M, project costs= $2M, sale price=$4m, profit=$1M* These numbers are approximations.  

In all likelihood, what you are proposing is buying a cash-sucking (ie - negative cash-flow) property where you have to feed it cash each month you own it.  

I had a proposal that I could refinance if I put 50k down and rent it out for a year or so before coming back to the market.

. - The proposed closing dates will be 22nd or July 2nd.- I go to military training on the 7th.I have a good lock on my interest rate and afraid of doing the mortgage application over again due to a slight decrease in my current job pay but will be going up again in a few months and I'll also be house hacking once I own and solely live in the house.