Qualification for these loans is a bit more strict, but if you plan to personally occupy the property for at least some portion of the year, and to retain ownership exclusively, then this might be an option for you. 

Acreage, existing cash flow, value add opportunities How did you find this deal and how did you negotiate it?

Acreage, existing cash flow, value add opportunities How did you find this deal and how did you negotiate it?

My understanding (doublecheck) is that existing STRs are usually 'grandfathered' in most cities.

We will be renting out the 3 bed side for $1100 once the existing lease expires.

I am looking at doing a conversion of an existing 6,000+ SF residential property (currently used as offices) and converting it to multi family (6-8 apartment).

Not the act of buying an existing location, but building additional units.1. 

I have experience with cellular concrete in a commercial application as mass-backfill (15,000 cubic yards) for a newly constructed building where existing soil bearing pressures were poor.

They still exist. 

Nate,I hope I am following correctly, but typically interest accrues daily on a loan and therefore when you pay off the existing debt you do not owe any future interest on the loan.