For example, if the Subject property's GLA is much larger/smaller then the documented sources (i.e. tax records, MLS, etc), then the Appraiser's Comp research will have to be redone because the Comp selection was based on an inaccurate description of the Subject property.

Can you qualify full documentation for a construction loan (IRS taxes net for a big loan plus what your housing is today unless you move in with family)?

If you're buying a primary residence, you'll likely be getting a rate in the 5-7% range depending on loan product, and whether you buy down the rate or not (think tax benefits).

If you have decent terms on the land with low property taxes, add some insurance and you should still be able to cash flow easily.

So the lease will be higher than the advertised rent, they will be responsible for minor repairs, they are responsible for obtaining the proper licenses and pay all the taxes for their business operation (If you don't do this, you will regret it one day you see a tax bill that you as the property owner who are responsible for), and they required to have a STR insurance policy. 

Trying to find a reputable website to find properties that have tax liens on them?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Thanks everyone for the feedback - my understanding is renegotiating the price again after due diligence is considered re-trading and is frowned upon - at least in Multifamily which is why I was trying to avoid it, but for this deal I’m being forced to operate that way.

Depreciation recapture can be avoided, depreciate property, trade up through 1031, live off income, die. 3.

This is a Conventional Loan, and it's where the lender will finance the land and construction all in one, however you are avoiding HML/PML's.