Make a reasonable offer on the spot.

I don't work in Worcester so I don't know, but in some cities (BOSTON) they have Floor Area Ratios, which prevent you from going over a certain amount of gross living space based on the size of your lot.

From what I have read, this is viewed as a "gift" and so the capital gains tax implications change based on local laws/regulations.

Many portfolio lenders offer 30 year terms for multiple family.  

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.

Of course the usual explanation (excuse) offered for this is something to the effect of how much people like to entertain and need an open floor plan to do so.

I would LOVE any local people to touch base!!!

Hello BiggerPockets Community,I'm a newbie landlord I've decided to offer my property as a medium-term rental (typically 1 to 6 months).

That is, homes being offered for less than what was paid for them very recently. 

Tenants typically pay around 30% of their adjusted income towards rent, with the government covering the rest based on local payment standards.