If he has owned those properties for awhile, he is better off tax wise to carry the sale, not cash out.

However given the correlation to commercial RE thought here was best.I've noticed on some of the financial products I've been pursuing/commercial loan apps, and personal financial statements, all of them have asked about life insurance.For any in the commercial lending realm or those who have filled out more commercial lending applications/financial statements than they care to remember, do you feel or know if the life insurance section carries much weight on  your application/ability to obtain the loan?

I have seen on CL some owners will just carry for 2-3 years then you switch to a standard bank loan.

Can you afford to carry a negative cash flow for several months if necessary? 

This works well and we've developed a good relationship with the inspectors and planning office.However, if you purchase a property where prior work had been carried out w/o a permit, you cannot get a building inspector to look at it ... essentially, if they did not issue a permit, they are not coming to inspect.

A bid/scope of work that line items what the project entails is also needed.

"- DJ Benedict Heros west, right off the i80 and houbolt, they have good food and service.Is it quiet enough to carry on a conversation? 

I design-he carries it out.

., which came back with 4 very minor items.

It has been remodeled once before and it has a nice kitchen with upgraded items.