I am also trying to think of a proposal where the current seller keeps the homes and I buy the land only.

It also helps to get involved with local landlord groups (GBAOMA, MAOMA, CMAOA, etc) who help stay on top of legislative issues and lobby to keep them aligned in our favor whenever possible.

Here's another link mentioned legislation introduced in Feb of this year on the topic.http://nlihc.org/press/releases/7507Doesn't seem likely that will make much headway in DC.Probably good to consult with a landlord/tenant attorney before taking any action.

@Frank Manning Please inbox @Tiana Wright she will get you a proposal. 

I like that list of questions @Eric Hyde proposed. 

However, there is a development (not re-development) plan  for the immediate neighborhood that it lies in, in which they are proposing zoning plans for each of the parcels in the area.

If the student loan interest rate is lower than the investment loan proposed rate, then it may be better to use any funds toward the investment loan in order to minimize the loan balance that you have to pay the higher interest rate on.What will I lose by doing either option? 

And I think (I haven't kept up with the legislation) you can't ask an applicant about previous criminal court matters, but there is nothing saying you can't go to dccourts.gov and look them up or the Maryland Court website and look it up yourself.

I proposed 3 options. 1.

Others are saying approach the owner and propose a partnership.