You don't want tenants making changes to your property, or even proposing such things. 

It consists of the following:Existing building with 4, One bed apartments and 1100sf commercial, Off street parkingExisting building (tear down, use footprint) with plans and pre approved proposals for a 17 unit, 3 story apartment buildingLot for 18 parking spaces. 

You would definitely want to verify that there are not any other issues but what you are proposing should work. 

I could show my prospective partner how my investments are performing and here's my proposed deal. 

We just started to see an uptick with the development proposals going on down there.Also, a large increase for Carrick and Mt Oliver (I remember 5 years ago I wouldn't touch Mt Oliver with a 10 foot pole lol).Biggest problem we are currently having for our investors (and my personal investments) is that the inventory is so limited there is a feeding frenzy on whats out there.

And once either attorney reaches out to the other for proposed changes to the agreement, the 3 day clock stops and the attorney review period last as long as it has to.After all terms are agreed to during attorney review, the period is concluded and the deal is officially 'under contract'.So does your state have an attorney review period?

If you go to my profile and look through my recent posts you should be able to find it pretty quickly.https://buffalonews.com/2018/04/26/proposed-housin...

The reason being is that the news last week indicated the new casino will probably bring about 30k jobs+ to the area plus there's a proposal to build an airport bigger than Pearson in the future, and the nuclear plant is confirmed to be shut down by 2024 and all waste treatment completed by 2028. 

To use some hard money lenders a lot of times and to really ensure the private lenders position and strengthen your proposal, you should get some construction insurance.

While I'm interested in using their lender, I ultimately decided against it due to excessive fees in the deal they were proposing.