Happy to answer any additional questions & good luck with your investing. 

I’ve been exploring buy and hold opportunities in my area, and I recently came across a situation I’d like some advice on.I’ve come across a property in my area that I’m very interested in, but I want to make sure I approach the situation the right way.

Many lenders also impose additional requirements such as owner-occupancy, and/or that one lender make all of the institutional loans in the building.- Valuation: The variety of financing products available as individual tenant in common loans remains limited, and the terms are generally less favorable than either apartment building loans or condominium loans.

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

Additional Resources to check, 'FYIs', in case you want to learn more about rezoning in the future)-Look up your address on the city's zoning map here to see how properties in your immediate vicinity are zoned.

Gradually scale by researching high-growth markets, partnering with experienced investors, and exploring financing options like SBA loans.

Additionally, the Kiavi portal is poorly designed.

A Title Company can distribute the proceeds based on the agreement, and consulting a CPA will help calculate tax liabilities and explore strategies like a 1031 exchange to minimize taxes.

Would love any additional info and the chance to check it out! 

Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.