If the planners don't support it or think the city won't support it, you have a challenging task - which is why we rely upon the Comprehensive Plan if there is one.Assuming we have a tenative green light, the code should outline what is required for the process, and the planner should be able to clarify the requirements. 

I'll go crunch some numbers...I'm not confident there is enough of a market in my city to support the kind of business I'd need to run to support my loans, but I'll look into the numbers for sure before discounting the idea.

This is really just your opinion since you don't have any evidence to support it.

I made on offer on a couple houses where each house had almost exact comps (age, size, type, etc) and even on the same street (as well as other supporting comps within 1/2 mile) that were sold for $40K below the listing price of my properties.

She will be getting child support until my little sister moves out to the tone of about 2500 a month.

Meaning: it may be very possible that the area you are looking at will not support your intended business process.Landlording is a business - plain and simple.

The basement is 10' deep This is a pretty small foundation to support a 1000 sq. ft. footprint and your footings will most likely have to be below the frost line unless you're using FPSF.

Basically, the upstairs floor is inadequately supported.

thanks for the support!

Also, as Will said, the main contingency will be based on being furnished with thedocuments and numbers that can support my due diligence.