The would be for small multi-units.  

We furnished 5 units for 40% less than non-sale and non-bulk items.

The City’s RSO covers properties with two units or more where at least one of the units was built prior to October 1, 1978.

First red flag, that part is extremely expensive (like new unit expensive), he may be steering me to buy a new unit which is easier and more straightforward than repairing.

Linked article mentioning the fee has been done away withhttps://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?

Houston and Austin showed minor fluctuations of less than ten issuances.Construction starts increased by 2.5 percent month over month to 12,222 units in Texas.

On a Non-QM loan such as a bank statement or a DSCR loan, you can go to 80% cash out and in some cases 85% no cash out depending on the lender and the number of units. 

That can also make financing tough.I’m not sure of the percentage but the HOA is covering just shy of $50k bc the fire started in another unit.

The unit is a 2 bed 1 bath with a 20 gallon electric water heater. 

I own a unit at a high rise condo in Brickell with 30 day minimum as the rental restriction and at least a handful of times a year, someone is caught renting their unit on these platforms and gets shut down by the HOA.