I have done tons of sfh's mobile homes and even small apartment type houses but never a full complex.

I'd be happy to chat sometime to learn what type of investing you do or possibly see how we could help each other out. 

What made you interested in investing in this type of deal?

This option is ideal for converting to an income property because the (when the renovations are complete, and the property is stabilized) the borrower can begin receiving income from the property before regular mortgage payments are due.

This area is slated to be the next biggest development in the next 10 years.From my calculations, this seems like an ideal move, but I'm aware that there could be considerations or risks that I haven't thought of.

It's not common (because audits are rare), but this type of reclassification does happen and is messy when it does. 

These are more about real estate without being too specific on the type.

You can have informal conversations with them about exactly these types of questions, without having your credit pulled or starting an application.Good luck!

That's construction company type quantities!

What type of sub-leasing will they be doing?