Do you have some evidence to back that assertion?

Additionally, I have qualms on the assertion that parking/traffic is an inherently negative attribute of STRs, again, because it applied without recognizing how an owner occupant utilizes the property during their routine (maybe they have 6 cars...maybe they have deliveries scheudled every day...maybe they choose to throw house parties for their family and friends once a week).2) Density (as proposed): Wow...this one screams slippery slope and significant impacts to investors.

Commercial loan rates are higher than personal, however I want to protect my personal asserts as well.

A quick search on this site will verify this assertion.

It's impossible to predict whether or not a market will go up or down with 100% certainty, but by looking at the data available we can make solid assertions as to the trajectory a market may take.  

As a rehab manager myself I will say that your contractor is smart, he is trying to gently assert that its "HIS" project once you signed the agreement. 

At trial, an out-of-court statement being offered for the truth of the matter asserted is hearsay, and is generally inadmissible evidence. 

When these variances get approved they do not change the zoning of the property but the approved variance document is your legal document asserting the property is being used legally.

The value received by the optionee is that the optionor's hands are bound -- the property may not be sold to another party during the option period.I'd be more concerned that the IRS would assert dealer status if most of your tenants do end up purchasing your properties after 1-3 years.Again, your CPA is in the best position to advise you on these matters.

(b) One or more cotenant heirs of real property may acquire the interests of other cotenant heirs in the property by adverse possession under this section if, for a continuous, uninterrupted 10-year period immediately preceding the filing of the affidavits required by Subsection (c):(1) the possessing cotenant heir or heirs:(A) hold the property in peaceable and exclusive possession;(B) cultivate, use, or enjoy the property; and(C) pay all property taxes on the property not later than two years after the date the taxes become due; and(2) no other cotenant heir has:(A) contributed to the property's taxes or maintenance;(B) challenged a possessing cotenant heir's exclusive possession of the property;(C) asserted any other claim against a possessing cotenant heir in connection with the property, such as the right to rental payments from a possessing cotenant heir;(D) acted to preserve the cotenant heir's interest in the property by filing notice of the cotenant heir's claimed interest in the deed records of the county in which the property is located; or(E) entered into a written agreement with the possessing cotenant heir under which the possessing cotenant heir is allowed to possess the property but the other cotenant heir does not forfeit that heir's ownership interest.