The military after any major task create an objective after action report to assess what when wrong and what went right.This type of story can only be learned from  if you look past the fluff and objectively look at what went wrong.

I called my homeowners insurance and the municipality to see if either entity would have an objection, but both said that as long as I don't separate the home into two units, they don't regulate occupancy per sq. ft.A friend suggested that if I allow it, that I should increase the rent substantially to account for the potential repairs and replacements that might need to be made. 

I feel as though I need to spread some objectivity here as I see a lot of negative perceptions regarding wholesalers. 

To me it's not always about minimizing risk... sometimes you have a unique situation and have to go with your gut and seize the moment.

Due to the uniqueness of the property, I was told by local lenders that I could not purchase using a residential loan.

I only seek investment opportunities that fit within my objectives in terms of being single family, margins, scope of work to produce return and etc.

I only seek investment opportunities that fit within my objectives in terms of being single family, margins, scope of work to produce return and etc.How did you find this deal and how did you negotiate it?

@Caleb BryantI'm not going to be too unique when I say that real estate is a people business.

In setting these two objectives, I hope to help set myself up for the major milestone of owning my first property.In regards to the first property, I am currently heavily set on a multi-family which I plan on using as a primary residence, a cash-flow stream, and a tool to continue learning about managing properties and tenants.

There are so many forums and topics, and I know you have a unique perspective and have specific knowledge that many other members don't know about.