Is there a specific challenge you are trying to solve for? 

Seller number two walks away with all their cash, and seller 1 who already agreed to SF has now become a PML without the challenge of negotiating each deal with them.

Very challenging if not impossible to make lot ratios work if the existing property isn't conducive. 

If you do, you should expect a very aggressive challenge by the IRS.At $350K of combined value it might be worth the cost to get a segregation study if you intend to keep these a long time.

Plymouth is an amazing spot to own a rental but making the numbers work is challenging at current prices.

Brittany Finding a great PM can be challenging but not impossible.

Challenges?

I was hoping someone might have some experience in this market to know how challenging the process would be to obtain the permit.Thanks for your input!

So you would spend around $25-$30k a month (this was 15 years ago) on police details and require union gate and non union gate if you had non union workforce as well.In DC area, the utility providers are a huge challenge, whether getting permanent power, or water/sewer service etc - good luck.

If the property was misrepresented in the sale documents, there could be grounds for legal recourse, though this might be more challenging after the rehab.In a similar situation, I’ve seen investors focus on maximizing their returns by operating within the legal limits (e.g., as a single-family or duplex) while still exploring long-term solutions with the city.