Hi @Eric Yee, there are a few variables that Philly will take into consideration when approving or denying the zoning.

There are too many variables to address in one response (especially without all details), but those are a few high level points to consider.

We must consider these variables to ensure the project's financial viability and success.Given these adjustments and considering the complexities of executing such a project in a high-cost area like New England, I would greatly appreciate your thoughts on my assumptions.

For other variables such as tax rates and heating costs, I find it easier to get a good evaluation.

(I'm able to get into this thing for only 10K the cash on cash return is absurd from 37-56% (depending on closing paid and points I pay, its an 8% Cap, 350-450 cash flow (after variable expenses + depending on final rate) Brand new.. seems like a decent first step but the functionality..

If MFH, it's closer to 500'ish but many specific variables rapidly adjust that such as use of on-site PM assistant's, caretakers etc..

Borrower short on a variable rate (HELOC), borrow long with a fixed rate.I can potentially do either for you but would suggest a fixed rate either first or second mortgage. 

The variability of the product often made the uniform remote process a non-sequitur.

This is a simplified calculation, and I would recommend you reach out to an experienced CPA who can account for all variables in coming up with tailored advice unique to your situation.Reach out if there are any further questions.

For other variables such as tax rates and heating costs, I find it easier to get a good evaluation.