It also says lenders are "encouraged to permit an assumption of a real property loan at the existing contract rate or at a rate which is at or below the average between the contract and market rates..."  

This is no longer permitted in New York.

Still working the issue but usage for "Child Care Center" is "Permitted" with the current zoning of the property.  

@Seth Todd so do you need to pull permits to update plumbing and electrical or is it just drywall repair and paint?

Can the owner, obtain the permits, buy materials, and just sign labor contract? 

When I was applying for the building permit I had to get an elevation certificate and the house is 0.74 feet below the BFE. 

The way you leverage assets is about being able to borrow as much money as your risk profile will permit you and then use it to make as much money as you can.Given the vast number of alternative ways to make money in RE the key becomes how much can I borrow and can I earn more than the cost of the money.

Lastly, yes unlike IRAs, participant loans are permitted in a solo 401k plan.

It depends on whether title company requires a formal probate, whereby an administrator or personal representative must be appointed by court or if a summary probate is sufficient whereby a single court appearance distributes real estate and other property to legal heirs.It's also possible that FL has an Affidavit statutes that permits bypassing court.

if it's a repair replace your GC can pull the permit