So I started trying to get creative on how to create a win-win-win for all.Here’s how it went down:I got the sellers to agree to an asking price of $180k, a full $40k over what they originally wanted.In the offer, we included a seller credit of $34k.This strategy allowed me to cover the extra commission for both the buying and selling agents and ensure the seller got exactly the cash they wanted should they have sold it at 140k.With the seller credit, this reduced my total out-of-pocket expense to just $6k.I used a commercial DSCR loan product with a local bank.

Based on my calculations and preliminary research, I have found that the Bay Area offers good returns from developing land, although acquiring level land and obtaining permits can be challenging.I have a few questions:1) Is it recommended to purchase a complete house plan from online sources like ePlans or similar websites and then customize the architectural design before submitting it to the municipality?

What's your plan?

Question - Can I use standard mileage for my current honda, and then once I buy a business vehicle use actual expenses?

You are just trying to balance your revenue with the increased expenses of operating this business.  

I would investigate the tax implications of your plan to sell the existing house.

We also did many calculations of income and expense models over time, based on usage.

Oh and don't buy fancy expensive cars save that money.   

My initial plan was to buy homes at wholesale price, fix them and retail them through an agent.

I see you mentioned student housing, if you are planning on investing around a college or university definitely check if said university has any information!