We have run into multiple investors who are just not prepared for their project and do not have a scope of work.

If the current owner is prepared to give you what some might call a "deal", the question is: why?

"Anything I should consider itemizing over taking the standard deductions") suggest you're not able to prepare your own return (correctly and to your benefit). 

Apparently there's 4 separate incomes, so there's that, but do I need to do anything special here?

The General consensus of the planning committee was that they do not like spot zoning and would prefer to have neighborhoods more uniform instead of allowing special review on a wrongfully zoned lot.

you need to check with each state.. but generally anything that is commercial purpose no license needed except for about 12 states in the US were an NMLS registration and state licesne is required.off the top of my head states that require licenses areOR  NV  SD  CA TN  and I think Minnisota  and there are a few more.. check your state.. usually you can just look on a big local HML website if you see NMLS registration and state license then your probably going to need one.However bottom line is to check with the state .. and or an attorney who specializes in this.

Also I specialize in finding off market deals, so if I find anything meeting your criteria, you'd be the first set of eyes to look at it.Thank you sir

@Jeamain Wicker The best free deal analyzer is a good buyers agent who specializes in investment properties.

I guess my question is two fold, should I wait it out and keep preparing/analyzing/learning or should I take the chance and buy something where the numbers make sense, and if so, how do I buy low in such a strong sellers market? 

2018-03-17 - Good Morning BP Community - looking at first investment - BRRRR a Condominium - anything special about this type of real estate?