What does the zoning allow for?

The tenants have only lived there since January and there were a ton of red flags and screening wasn’t done right.

In the same way that being a chef and owning a Red lobster both make money from selling food, but are not considered the same job nor require the same skill sets. 

This site attracted us as it is in an Opportunity Zone, qualifies for PACE financing, and has lots of development occurring within a quarter mile.

Banks do not like risk and you transitioning to a new job is a red flag.

@Courtney James That’s a red flag.

First, contact your zoning/permit office and find out their guidelines/regulations about pools and the enclosures needed. 

Do you know it is in a flood zone and what the flood insurance will be? 

So one red flag I do see in your analysis is zero seasoning period.

@Handel CarterA few possibilities come to mind, none of them great for you:1) complex owner wants to expand and having that piece of property will keep them within some sort of zoning rule2) complex owner wants to buy your properties and cheaply, and will begin a campaign of targeted actions to wear you down.3) slightly better: their survey (which u have every right to demand) revealed this issue and they are documenting it for any future contingencies.