(edit)  Shop around for a good home owners insurance product. 

If you are using conventional loan or maybe some other loan product, then they will do their own bank appraisal and you may have to pay more or less than that down payment, so check with your loan officer too to make sure what you are bidding will work for them and your cash reserves or cash to close are appropriate.If you are paying cash then it doesnt matter.I think you can only bid low if you think the property is worth less, or you are the only bidder.   

Ask tons of questions about their team and how they manage the team and pictures of the end product. 

However, the generation of new funds for  this pot of money will be gone in 2 decades after you'al switch to those electric cars...so expect a highway maintenance fee to be added to your electric bill.The commercial property taxes change would just drive more businesses out of CA or increase the price of the products and services to the end consumers.  

Ask if your lender has products that are assumable.

The loan will be based on your financials and the income potential and appraised value of the finished product. 

In the beginning, I had no issues with this as the particular product was suggested by me and I was planning to invest in it!

@Adam Craig in my market local banks and credit unions are currently lending with attractive rates on that exact product.

A little about me: I'm a mom of two teenage boys 13 & 15, I'm 33 I have an online fashion boutique, I once was selling products on the amazon platform but stopped for the moment (I plan to get back to it).

Lima capital has a great portfolio loan product I’ve personally used, and it’s around 5%Good luck