To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.

There are a handful of active agents here on BP in the Portland area (including my business partner and I) who would be good places to start.

According to the Planning Board, the intent of the RM-2 Zone is to create, maintain, and enhance residential areas characterized by a mix of single family homes, duplexes, townhouses, small multi-unit buildings, and neighborhood businesses where appropriate.I'm assuming by definition I am zoned to convert to a triplex?

If the property is solely tenant occupied you will be looking for a Dwelling/Fire Policy (may be called a Landlord policy or similar name) or a commercial policy such as a Business Qwners or Package policy.Most homeowners or dwelling/fire policies include:1.

RE is really a small business and the number 1 reason that small business's fail is lack of proper capitalization..

You cannot maintain a business with negative cashflow. 

If they are too busy or too lazy to answer a call or send a short email, what else are they too busy for?

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

and they're difficult to do, because you're up against businesses that do nothing but flip and BRRRR, and here you come along wanting to do 1 home run right out of the gate.