As you explore these types of deals, part of your due diligence should be to research the local building departments to ensure the time and costs associated with re-zoning and re-entitiling the property are properly factored into your underwriting.  

It's for 1 person with the proper amount of income from disability. 

Call them out on their slow response time.The agent is concerned that this deal will be killed by some sort of back end agreement that doesn't get properly notarized. 

2) If a property needs to be updated (ex: new floor, paint, fence), how should I go about incorporating language into a deal that allows me to make the updates I need while providing me with the proper protection financially and operationally?

Let's try the traditional link again ... see below ...https://drive.google.com/file/...So with the FHA loan one it looks like I factored in all the variables I needed to properly assess it otherwise?   

I plan on bringing them up to the market level after acquisition with minor improvement and proper marketing.

I plan on bringing them up to the market level after acquisition with minor improvement and proper marketing.

I plan on bringing them up to the market level after acquisition with minor improvement and proper marketing.

If a major repair or a lifestyle change would totally sink a deal, then don't buy it in the first place.

Multi family property investing or with proper funding, lending made available, something bigger.