As I thought back, I have seen this scenario in many ways over the years:  People making business decisions, relying on emotions and ego.   

I just closed a deal in GA and you need an attorney present at the closing so I suspect they rely heavily on the attorney and the agents really have no clue about title reports or title commitments they just take the word of the closing attorney that title is clear.. and in this case as you state most title commitments will have items that are not insured if a physical inspection would disclose it etc.. 

Aloha,Relying on a tenant to be OUT on the scheduled date is likely to become the biggest headache.

Sure, there are some 203k Consultants who do more than what they need to do, but I would not rely on them to manage your construction project. 

I rely on experts as well.

DSCR will have limitations on owner occupancy because they rely on cash flow from the property to repay the loan.

So, don't rely on what I say...

As mentioned before, there's so many factors to rely on.Appraisers don't seem to be backed up like they were in 2020 and 2021, so that helps a lot.I'd say a deal this size, assuming appraisals are done in a timely manner and title is on their game, I could close something like this in 6 weeks, depending on which of my lenders it qualifies for.

I raise rent annually by at least 2%, so I'll make it back eventually.Hope this helps.All good stuff, but I am relying on the PM as I am out of state.

Which means the town can prevent any building/camping/yurts etc.DO NOT rely on your broker.