Based on walkthroughs of the property, they may offer estimates that are more accurate.

Regardless, I’d still like to get a month contract with these stipulations to make sure the bases are covered.

But, it is definitely possible if you snag a property that you can't pass up on to utilize a Mortgage Broker who can generally get you set up with something based on your needs at the time.

Everyone does it a bit differently based upon their experience.

They can provide guidance based on the latest tax laws, regulations, and your individual circumstances.

However, since the value of a commercial property is almost solely based on the income of the property, investors and bankers alike have grown to love balloon payments and rate resets.

Absolutely fair points and fair assessment of both Nimby's and Yimby's typically based on how they will be PERSONALLY affected. 

Here's a breakdown of your options:Option 1: Buy a Duplex and House Hack:Pros:Opportunity to build equity through property ownership.Potential for rental income to offset living expenses.Experience in real estate investing and property management.Cons:Market conditions may make it challenging to find a duplex with positive cash flow.Limited flexibility if you decide to move or expand your real estate portfolio.Option 2: Buy a Single Family Home with Airbnb Potential:Pros:Potential for property value appreciation through renovations.Airbnb income could help offset mortgage costs, especially during the summer.Greater flexibility in terms of future use (long-term rental or full-time Airbnb).Cons:Airbnb regulations and demand can vary, requiring thorough research.The seasonality of Airbnb income might not provide consistent cash flow.The initial cost of renovations and potential difficulties in property management.Option 3: Rent an Apartment and Wait:Pros:Flexibility to wait for more favorable market conditions.The ability to save money for a larger down payment or other investments.No direct responsibility for property maintenance.Cons:Potentially missing out on current low-interest rates.Renting doesn't build equity, and rent prices may increase over time.Additional Considerations:Market Conditions: Keep an eye on the local real estate market trends.

Labor is the biggest cost of construction and it heavily varies by location.My husband and I have only done spec homes thus far, but we're getting into doing custom homes now. 

The mechanics of the deal are not too complicated, although as others have noted you can't advertise the property and then exclude people based on protected class including gender and family status....at least not legally.