Looking for a zoning expert’s idea for this.

I like to use local lenders because they will know the rental market and local agents will know the lender can get the financing done making your offer slightly stronger over using a national lender. 

They require a lot of capitol as well as cooperation from the local city and/or county. 

Do not call it a down payment if you are using it to do an option.Since he is subject to the requirements of the lease, you are required to fulfill all local requirements of a landlord.

You'll lean on employees at some point to be experts along the assembly line. 

You should speak to a few local lenders and see if they have a product that might work for you.

Yes, it is helpful to generally understand the pm space and workings, but the more important skill, to learn first, would be how to find, vet, and hire a good local property manager.

Check your local and state regulations regarding this business model.  

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.

Here is how it appears on the app:Mortgage Information        ^Equity percent:48%Mortgage amount:        Mortgage term:$93,000                            0 yearLender name:First Horizon Hm LnAssessed value:$178,800You can get this information from your local courthouse.