Perhaps a different underwriter would be willing to insure based on the documentation that Seller has provided, or is willing to take some sort of undertaking and/or affidavit.

How many projects is your company currently undertaking?

Always negotiate the value however anyone that approached me and asked to do work under our contractors license it would be illegal firstly, and secondly I would advise them to pay my fee or undertake the work themselves. 

It's still a big under taking but it may be cheaper to tear dry wall ceiling out and build the ceiling down to get more insulation in.

After speaking with the agent the WisDOT is not 100% finalized but the compensation is going to the current resident (even though he is listing it at the current lot size not the reduced lot size and will not be the one dealing with the undertaking and loss of property)#2 There is also a significant potential to add a road from the city just South of the parcel.

What’s up BP,I have a friend who has some experience in flipping, however not enough to feel confident on his know how to undertake this deal.

1) increase the offer on the listing slightly to compensate for the current owner to do the zoning himself as a contingency of the offer. 2) hire a expediter/zoning lawyer to work on behalf of both of us to get the proper zoning acquired and have a contract in place that says once this action is executed the seller will sell the house only to me. 3) buy the house as is and get it appraised as a single-family home which could ultimately negatively affect my lending power, but once the house is under my ownership I could file for the proper zoning and continue with plans as originally wanted.  4) I read an article that said if I do go under contract for this house the current owner could give written permission for me as the buyer to go ahead and undertake the process of getting the proper zoning acquired.

I am unaware of where I will end up (geographically) once I graduate so I don't want to undertake a property till then.

It can be a big undertaking, but there can be good profits in it IF the numbers are right and you have done your homework to know what you are getting into.

It can be a big undertaking, but there can be good profits in it IF the numbers are right and you have done your homework to know what you are getting into.