The MSI warranty says "lifetime" for residential, then later says "one year", so it's unclear.

The need for regulation and outcry from professionals heard loud and clear.In my opinion, the biggest problem that needs to be solved it the ability to have an open discussion in place like this that don't turn into long anti wholesale threads populated with very closed minded people one upping their good ole boy club.

In Total, there were 25 Units, with around $13,310 in gross cashflow coming from residential rents.

We invested approximately $500,000 to renovate the building into six residential condominiums and two retail condominiums including an award winning bar/restaurant and an Italian-style coffee shop.

They are new to residential real estate, but been in AG forever. 

Related to last item but from a sustaining perspective, next item is providing residential housing, even with the use of a PM, is not passive.  

@Chris Wharton is a great residential lender.

For residential agreements, usually buyer has the option to terminate the agreement, not seller. and there is an implied obligation to act in good faith in all contracts. 

Either wait for my dad, get a partner for residential multi-family, or get in commercial multi-family with no prior experience.

Reference HUD SFH 4000.1.However, you could buy the existing property that has a residential structure using a 203k loan and use other $$$ (not 203k loan) for the geodesic dome.