After breaking down the pros and cons the one thing I'm not unable to estimate is the appreciation difference between brick versus vinyl property and resale value so my question to experience investors is what would you recommend investing in for appraisal?

Any have to use it and has an experience to share?

However, I have no experience in this and would not know how much rent is projected for this setup.Option 3Sell and redeploy capital somewhere better.Appreciate any feedback on this situation.

That way a financially stronger party can't crush the weaker party in seeking "justice".Lawsuits, disagreements, kerfuffles or whatever you want to call them are life sucking experiences with no winners.  

They ended up needing to bring in their outside council, and it turns out they just don't have the experience with this non recourse IRA loans, and backed out.

If you use a DSCR loan, the lender will underwrite against the property's income, your personal credit and experience, and will source whatever downpayment funds you use.

Or, if no minimum lease period is specified, sometimes the bylaws spell out, "A unit owner may not maintain and rent a furnished unit".Happy to discuss my experience.

With providing some rough numbers, my extended work experience with my company, and my credit to the lender, he informed me that I could potentially qualify for a $250k property with an FHA loan and a conventional down payment assistance loan which would put me with little to no money down out of pocket.

While the lender might need you to also have a partner with experience on the loan that could be your builder and you work out an equity split.

That way, you can lean on their experience to help you build your own track record and investor base.This is exactly what I did when I got started in multifamily syndication.