IE assigning contracts.. you simply cannot in this state advertise through any medium a property you don't own. once you own it of course your free to do whatever.. but then if you rehab it you need a developers license.

@Jose Pena I can tell you on the phone but you have to be really control freak....lolI have accounting background plus my first bachelors degree in engineering so I understand numbers and extremely detail oriented.

The majority of multi-families I have been looking at have tenants in place without a lease. 

SFH, multi, apt commercial data is tough to analyze.

I was so annoyed as we did this in 95 degree heat. 

Is this considered a multi-family property or a commercial property or some kind of hybrid?

Also, I avoid flat roof, multi units with common HVAC, prop in flood zone, crime area, etc. as they are either too costly to fix that don’t worth investment of time n money or just can’t be fixed, period.Anything that comes mind to flip switch off for further analyzing that property or filter out before even begain to analyze?

I think he won't let us do this if we can't limit our risk on the variable rate to some degree.  

I have a potential deal where 2 multi family units produce enough to warrant a 600k price. @ a cap of 7.5%.

When you move, you rent out the second side and cash-flow nicely.I would consider selling your current home and kicking into multi-family.