One plus for this particular site is it is probably the most in-path-of-progress property of that type available in the area and might have room on the lot for even more units  (not knowing anything about zoning in kent)Its been on market long enough the sellers if being realistic should consider reasonable offers.

Typically 12 months is used as the standard, but there are ways to sell sooner depending on what resources you have available to you.

Start by watching every pod cast available.  

Money is still available at historically low interest rates, down payment assistance is available, and high credit scores are not required.Read this! 

Fun projects...info available here https://www.scottsdaleaz.gov/airport/terminal-area-redevelopment/terminal-project

Hey Account Closed - Do you know if "What Every Real Estate Investor Needs to Know About Cash Flow...and 36 Other Key Financial Measures" is available on Audiobook anywhere?

Will probably end up landing around 1.25m-1.5m total cost.Conventional mortgage Pros:     30 year fixed, traditional 20% down, best interest rate Conventional mortgage Cons:     5 new sets of payments, 5 sets of closing costs, 5 times going through the conventional process (sounds painful), will use my last 5 conventional loans avail (at 5 currently)Blanket Loan Pros:      Simplicity; 1 payment, 1 loan app and processBlanket Loan Cons:      10 year term, 2-3% higher rate, 25-30% downThe properties will cash flow either way and I don't need the cash flow immediately.

The best rates will be available once you have 12 months of income.

If a multi, it can be sold with tenants in 1 unit as long as you leave the owner's unit available.

I have a clause in my contract covering delays due to availibility of materials etc .