Don't get me wrong, you'll have to show documentation on those 5 properties for any loan....so maybe a bit more paperwork because of that....but FHA won't have anything EXTRA to say about it. 

So I would say, before you start to filing any paperwork to change the zoning, would be to call your local zoning office, to find out what's allowed in the zoning/U&O on that property.

So when you buy a property with Section 8 tenants in place, you used to have to go into the local office (now it's over phone and email), to sign paperwork and setup direct deposit, so that the housing authority can send you their portion of the rent.

The quadplex is as much paperwork as the SFH so this makes sense.  

My understanding is that it is a lot of paperwork.  

Just make sure that this means they do all the paperwork associated with the sale.

@Taylor Dye Good job on this flip, and great use of paperwork to get it locked up and re-sold quick.

Inspections take a while and with Covid, many offices are closed so it's hard to get paperwork, inspections, etc.Make sure you thoroughly screen tenants. 

@Grayson Wright Is the issue with the legal advise, or the legal paperwork they are using for your land contract sales?

I’m presuming it’s only worth the paperwork and time if a Phase II is required.