I invest here in Columbus, Ohio and would love to see how we can both help each other out. 

True non-recourse is EXTREMELY rare in residential real estate, so I hope this clears up some confusion and helps someone!

Thank you in advance for your help.

Many of the above comments are very spot-on.Not sure if this comment will help, but maybe there's a way to get the best of both worlds if you can build this studio separate from the building and split the lot? 

Also be more than happy to help you build your CORE 4 

I can help you go through the regulations and application process if you need.

I personally prefer to be more on the advising and relationship side so I can give my clients more tailored solutions, help them avoid pitfalls, connect them to people that can help them grow and structure their portfolios and I treat this industry more as a relationship business rather than a transactional business. 

This post will help taxpayers understand how to maximize accelerated deductions by examining a number of Sec. 1031 exchange rules and how they are affected by cost segregation studies.

If you have an honest buyer broker/realtor working for you they should be able to help you make an informed decision about the best price to offer on it that makes the numbers work for you.

I'd be happy to make any introductions to help build your team here in area, and plug you in to any of the meetups.