The climate is rapidly changing, full time agents are becoming more and more self sufficient, however, very relying on technology.  

I have approval to start with a construction loan and then change over to a 5/1 ARM (20 years). 

Take one of your mortgages and run it out as a 30 year note and you will see a huge amount of change in cash flow. 

An annual election is not a change in method of accounting.

Can provide your attorney with POA to sign for any last minute changes.

If you're looking to buy for Airbnb, run your numbers as if it were a long-term rental to make sure you have a back-up plan should the laws change.

As a listing agent I Never allowed this.....too many “buyers”, after bank approval in 60 days or so “changed their mind”, found a better deal” “yada yada yada”.

We also note your inclusion of the auditors' "going concern" opinion, which has not changed in three years of auditing, and very likely won't change in the near future.

If the lien is old enough that could certainly change the way you approach things... in these parts that lien would expire 10 years and 1 day from last record date, and if not re-filed you would be in the clear.

Oakland has quite a heft city transfer tax for example compared to other states in CA) you really just need to know how those changes may or may not influence your investment.