I usually require written notice. 

As my wife and I are both over 45, we require a distinct approach to ensure we can retire within the next 10-15 years without having to work, particularly in physically demanding jobs, until our final days.

Down Payment: Lower down payments, such as the 3.5% required for an FHA loan, let you keep more of your funds, but they also result in higher monthly mortgage insurance costs.

You would have ongoing filing requirements with the State and would need to keep business records and documentation.

From what I remember, Utah residential code does not require foundation drainage and therefore, no window well drains (where would it go?).

Even 'builder templates' or stock plans will require their own trip through the City for permitting.

Recording it will require you to pay off the loan in entirety in most cases unless the new bank is willing to allow the remainder of your private note to subordinate in 2nd position which most national banks do not allow. 

You can get a judgement against him, but to to get a lien on his property would require much more than a judgment. 

I am not aware of any efficient way to filter through properties other than looking at all of the properties in your desired location, and checking to see if it has a basement apartment.

This city is desirable, I buy in good neighborhoods, etc.