Now you have the ability to offer 8k more and can work with the owner further instead of drawing lines in the sand immediately.Owner has multiple properties (we have done business before):Don't pad your offer (granted they presented themselves as a reasonable business person during the last negotiation).

You can email dobfoia@cityofchicago . com with a request for old drawings they may have record of for the property, all tho you will need the Owner's permission to do so.When obtaining blueprints for a property, one must provide the following information with their request: Proof of Ownership; For Non-Owner:1) Letter of authorization, signed by the owner.

In post-Covid think of places that have an outside draw where people want to be: mountains, beaches, lakes, etc. as those type of areas have performed very well.

What would be the draw for someone to want to stay here?

Do you still go through a real estate agent or do you need your own real estate attorney to draw up the contracts and everything?

It may be a bit late now, but if you want to prepare for a future acquisition, you could form an LLC and start paying yourself a W2 wage rather than taking an owner's draw.

Sometimes pricing something higher gives an allure that draws people in.

I think that's a big draw for people. 

Better by far would be to do the 4 smaller scale rehabs you could do in the exact same timeframe, for roughly the same budget, and walk out of it with 4 reps instead of 1.I understand the draw, and it is tempting, but I would exhort you to consider the wisdom behind the many voices that say not to start with this scale (and perhaps the others who are operating at an experiential depth now that is staggering who say "I don't touch those") and apply that logic to this deal. 

I also have access to a relatively substantial amount of HELOC money, we keep it as a safety net, but would it be wiser to draw that down and use that for the down payment?