If you are planning to use an insured mortgage (less than 20% down for example) they will want proof that you will be moving in the new property, and if the person with the qualifying income (your husband) is staying in BC that could cause some issues.

Make sure that you have a clear case for all of those repairs: before and after pictures, move-in form, etc The more evidence you have against them, the easier it will be to proof if they decide that they don't agree with your deduction. 

On the other hand, a 24-year history with an 18% net IRR that includes some losses may indicate a more seasoned sponsor who has navigated multiple market cycles and learned valuable lessons along the way.Regarding internally managed operations, like property management (PM) and construction management, scale plays a crucial role.

I’m a newbie, I’ve always dreamt of buying multi-family units & now I’m finally at a place where I have proof of income and make decent money. upon further research, here in Florida it’s difficult to find any without major rehab work.

Vicious cycle of learning.  

How do we get around this other than showing proof of personal funds for the 25%??

s, proof of income, etc.

I trust Robert's expertise going forward but at this point, the proof is in the pudding. 

Demand he shows proof of funds immediately to close on schedule and if he doesn’t Declare forfeiture of earnest money and right to purchase terminated.

Price: $1.2MOffer: $900kI had my agent call to see if the seller would accept this price because it's been on the market for a year.The seller's agent said the owner had rejected a $1M offer in the past, but it's been awhile so maybe and asked for a formal offer with proof of funds and pre-approval.Why?