Keep in mind you are more than capable of buying house that is more than what you have left in your entitlement.

Also THS lawfirm does work down there and they know the players in the business.

We (myself and my partner) desire to get into MF without bringing on sponsors by developing a relationship with a commercial lender by creating a commercially financed property.What's your thoughts on this strategy, specifically: buy a quad with cash then remodel the quad (has to be the right property of course for zoning etc) into a 5 unit IE four 2 bedrooms into three 2 bedrooms and two studios.I have the construction capability via sweet equity so that's not a concern.What's your opinion on putting in this effort to create credibility for future commercial financing on a larger 10 unit MF.Thanks,MRod

Either way, I am only capable of monkey work. 

I would expect every team player to give their best and share equally all gains (victories).

An experienced real estate broker is capable of determining market value.One way to minimize the risk of getting a low appraisal is to have your broker meet the appraiser at the property when you have a contract.

My advantages are that I have time, money, financial intelligence, and I'm capable of extreme hard work when necessary. 

If the payment is embedded into your website, then that website needs to be periodically assessed/audited to ensure it is secure and there is no opportunity for theft of personal information.Lots of folks - big players like Google, Amazon and the traditional payment gateway companies (Monaris, Chase-Paymentech, etc) as well as several smaller operations provide hosted merchant services or APIs that can be leveraged my hosted services.  

We have the capability (by Identified Replacement within the 200% and 45 day limits, funds available via QI, and ready, willing, and able seller) to close on another replacement property that was properly IDed BUT we would be a 100% owner of half the property (as 50/50 TIC owner with another unrelated party).

A good realtor is a key player on our PowerTeam, (I love my realtors) but it's usually a mistake to seek investment advice from your realtor.