The estimated mortgage is cheap enough that even if I didn't have any tenants, it wouldn't really be a financial burden, and would actually be only marginally more expensive than renting commercial space for my growing business.

After a successful bid, I call him with the details and he emails me the loan docs.

Redfin has the property listed for over 2 months now and is estimating at a lower price then what they're asking.

 I want to thank you on front BP community .I'm trying to purchase a mixed-use property using a FHA loan these are the details on the property the property has three Apartments and one commercial space which I believe is less than 49% of the residential part of the property.I was  Told by one lender that yes I can buy this property because is less then 5 unit.

I plan to present detailed math with AVR, pictures, timeframe and exit strategy.

BDS has a good Change of Use or Occupancy flyer - https://www.portlandoregon.gov/bds/article/125287 - that lists the exact situation I'm curious about: "changing a house or duplex in a non-residential zone to a short-term vacation rental," but I can't find more detail about it anywhere else.The City has no shortage of info about accessory short-term rentals that Airbnb will partner with Portland to enforce permits for next year, but I'm interested in requirements for non-accessory short-term vacation rentals (as articulated in that link) located in non-residential zones.

I also recommend  @J scott's book on estimating rehab costs.

Otherwise estimate.

I don't have all of the details, but I worry that the management company could be taking advantage of them.I do not have the capacity to get involved and am not educated in this area, but was wondering if anyone has general advice on how she and the other condo owners could best seek to protect themselves and resolve their dispute with the management company?

use 75 or 80% of the ARV as your mortgage amount. remember to include the cost of the refi in your estimate.