@Adam Ondrejicka it is applicable in the US and is not an uncommon strategy.

It is not uncommon to see the tax assessors value be vastly different from your purchase price.Total side note, I went to WSSU in Winston for 3.5 years!

It is not uncommon for this price point to stay on a year, especially in a high-rise since everything is similar for the most part.

In my experience it's uncommon to find a HML that does not charge 1 - 2% in points up front.

Above issue is not uncommon.

., at door transitions)... different colored floors in different rooms not uncommon at all... it's done all the time, with carpet especially.

@Bob Hucker, moisture appears to be the big issue... not uncommon on wood door jambs like that one... in my experiences, "sawdust" like that usually meant I would find carpenter ants.  

This is not uncommon with property taxes, where there may occur what is called an "expense stop" -- i.e., an amount up to which the landlord will pay (in this case, the property taxes as they were in the base year), and the tenant then reimburses the amount of increase in the expense over that base year amount.Vacancy should definitely affect your projected revenue for reimbursement.

Its not uncommon to have SFHs running at 55% because of the absurdly high taxes and insurance rates.

I am sure you have some interesting highlights to share, that will make investors want to take a second look and contact you to offer partial or full funding.My theory is that if you have a widget and can articulate its usefulness and value, then there will be a market to sell the widget if you can convince others to buy it.Good luck, best wishes and continue to follow this uncommon niche that you are so passionate about to the extent of pursuing it full time!