@Angela Crockett -  Hi Angela, this situation seems a little fishy to me -- be careful.   

I think its going to just take some time for the end buyers in the chain (the people responsible for buying the MBS through the whole process - generally banks, insurance cos, pension funds) - by nature are very conservative and slow to adopt to new things like SRO.Its a tough situation because the message a lot of times ends up being "rent it out traditionally on a single lease since thats more conservative" yet they are out of touch with investors who can only cash flow in this current environment with creative solutions such as rent by room, etc.

That way you can turn around and do a sale lease back on the building, recapture your capitol and execute essentially a BRRRR  with your own business and property.Generally though many properties that will be the ideal locations for a restaurant will likely not be available for sale, they tend to be ideal single tenant free standing buildings that are quite desirable and have many end users that would be interested.Something you don't want to do in this situation is to make sacrifices on the location/market of your restaurant just to purchase the property. 

Looking for any advice on the inspection, handling the situation or your experience with how harsh they are during the inspection.

As one who has funded literally 1000s of bRRRs for clients over the last 22 years.. it just makes me sick when one of them has to deal with these situations and or inner city stripping of houses and theft.

I first went to the wrong lender in the beginning and it caused a lot of stress Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Sara Ball and @Sherief Elbassuoni, I am in a similar situation where I need to convert duplex SFH + ADU to be able to build a DADU. 

I wanted to share a situation regarding a persistent water intrusion problem affecting only two units within our newly constructed condo building consisting of 12 units.

I drafted my own lease for this exact situation.

Hey Max Do,I'm in a similar situation where I need a road maintenance agreement for a small development.