Dear appraiser over here,I was wondering, when an appraiser is looking for comps, how far does he look (0.1, 0.2, 0.3 miles) ?

@John Woodrich I ended up calling they inspections department and they indicated R-10 rigid insulation cut to size and fit between the studs is acceptable or R-13 faced or non-faced will work!

You should consider reporting your PM to the state's Real Estate department as well.

Also my rate is more 6% ish range now, although I don't owner occupy.  25% down for the standard, although again, may be lower for owner occupied.Just call around to local banks / credit unions and ask for the commercial lending department. 

Have an orderly plan, get the job done quickly and get the property inspected by your building department to release permits.  

Unless there is someone who specializes in that sort of thing in Clifton that is on BP, you're pissing into the wind on here IMO.FWIW, I believe most planning departments will not let you build apartments at the back of a commercial space.

I was told by title company that the water department messed up their paper work at the time and they forgot to report it.

i would reccommend contacting the department of real estate and get a referral, you must be careful to follow all laws as some types of investing require you to be licensed.

Sorry, but I see the idea as trying to reach in your tenant's pocket, and you are but you're trying to justify it.A security deposit is to "INDEMNIFY" you for a financial loss, it is not a profit center to tap into.Even if you had a GC license, you can't charge yourself without departmentalized accounting, (the car dealer sends the trade-ins to the shop, the shop bills the sales department and the sales department ups the price to cover the shop hours, the same guy owns both sides and claims the net income) In RE, that isn't possible, making an improvement effects the depreciation to be claimed, you would be pumping up your basis in a property.

We have had a hard time in the lawyer/lease department.