I can generate some anecdotal examples, but would really like to see a professional study, existing court case, etc.

Perhaps the better place to start is by examining your existing portfolio.

You might want to consider buying an existing property with your $30k as a down payment.

Every day, the Chemical Plants (Dow, Shintech, etc.) and residential neighborhoods that surround the site of this location provide a high traffic count.A great opportunity exists for a tenant that is willing to market their business to travelers of Hwy. 1, the residents in the surrounding neighborhoods, and neighboring communities.How did you find this deal and how did you negotiate it?

The complexities here are twofold: You need to review your existing agreements with an attorney to determine if they contain illegal provisions under Section 704.44., and sign new compliant agreements with your tenants.

Unfortunately, I don’t have that same advantage, so I’m looking for advice on how to raise capital without those existing connections.Here are a few questions I have:1.

BUT, it would be subject to the existing $160,000 mortgage balance carrying a 2.75% interest rate.

Just wanted to chime in real quick because we considered investing in that area a few years ago.Today I look at the existing cabins, and a lot of them look fantastic. 

While there is less multifamily stock than in the Northeast it does exist and deals are out there

If there is an addition that is not part of their diagram that would be an indication that the issue that concerns you may exist and then I would look further to see if there were permits for that addition.