They require a green building plan and energy compliance path.

While I do like the benefits of small multi-family, one thing I am struggling with is whether or not to focus on taking advantage of the 3-4 unit buildings that qualify for the currently low FNMA financing or to venture into larger buildings. 

You will likely need larger equity into the deal, pay higher rate and lose your fixed term. 

That way he could get a larger chunk of money upfront and not pay taxes.

If this continues to occur on a larger scale, I'll wager $1000 on this being heavily regulated in the future especially with more and more inexperienced investors jumping into apartment syndication. 

They ended up needing to remove and replace 2 of the larger windows. 

It is a small town about an hour away from a larger affluent/growing community; Bozeman, Montana.  

This is very helpful for larger projects especially

The toaster has been used on an off to augment the 4 slice for larger families.

Make larger decisions when things settle.My company is in "Camp B.”