Funds currently being held by QI. 

They need to speak with a lender who can pull their current entitlement charged for the current loan, and then they need to tell the lender what County they want to buy in and how much of a home and downpayment they plan to purchase.  

Hi everyone,I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 yearsThey're open to either interest-only payments or an amortized loan structureAdditionally, I'm trying to secure the best financing option available.How does this deal compare to the current market?

They could offer a decent sized non-refundable EMD if they are POSITIVE they want that house in its current condition.

Ask to speak with some of their current owners and current/former tenants.

I know some tourist locations are cracking down on how many short term rentals are allowed... does anyone have some insight into the current outlook in Tahoe?

Lesson learned - as soon as you modify something - it has to meet current code!!!! 

Are you sure your monthly asking price is accurate for the current time, accurate for a duplex in a duplex neighborhood, and accurate for this neighborhood.

It's a big responsibility and currently with your level of expertise, I would be hesitant to you give money on the LP side. 

Assumable VA loans will continue to become more appealing, given the current state of the interest rate environment.