It is always best to get these questions answered before the loan is signed to avoid additional costs down the road.

While I have extreme fears about providing income, her fears are on the risks of having additional liabilities.

Sounds like you're going to be a great addition to the forums from Day 1 with your experience!

We have 40 long term tenant doors between 4 entities and just about to dip our toes in short term Airbnb with an additional 5 doors which are being renovated right now.

These are professionals with additional training and a stricter code of ethics.

These are professionals with additional training and a stricter code of ethics.

Additionally, what if you wanted to do a 1031 exchange down the road? 

@jeff khel thanks for your input, I ended up retracting the contract as the homeowner had all these additional stipulations indicating she wasnt as motivated as she claimed she was.

The stats are: -5 stories totaling 20,000 square feet above ground, plus a full basement which is partial commercial space and partial tenant storage/utilities-First floor commercial space is around 2300 square feet with an additional 1500 in the basement, 12' ceilings in the first floor-14 residential units above, most have private balconies or decks, elevator, bike storage, mail room.

Will make sure to add it!