Lending standards at my local bank have changed too.

As a builder myself, I wouldn't mind it if the house isn't specific to you and is being built in a standard design plan that can easily appeal to other buyers.

In addition to the density bonus you also get up to 5 "incentives" which can be used to alter or reduce development standards (such as increased FAR, reduced setbacks, etc).

I leased a building built in the 1800s and there were multiple deals that fell through because 1) the building was grandfathered in as non-ADA compliant, but the tenant could not run their business in a building without an elevator, 2) the building was grandfathered in to not need fire sprinklers (and Ownership didn't want to spend $100k+ to put them in), that crosses off a lot of large national tenants who have higher standards.

Generally, rates are not too far off standard residential, although in my experience finding 30 yr debt is harder, 20 is more common.You can work with commercial lenders with single family rentals and up. 

If you are dealing with an addition built on 12" beams (or if the original foundation is old and not built to current standards), the repair company might not be able to push the piers down to refusal depth or psi due to the beam not taking the load, thus leveling it, but not guaranteeing it will not continue to move in the future, thus not providing warranty.9.

, that is standard for investment properties.

They don’t understand the maintenance and repairs that are just standard for a homeowner and don’t have practical expectations.

Millions of users across the world- It's the industry standard. 

He is willing to manage your properties "without the standard management fee".