Hey @Redgy Saint-Germain , The very first article of the Realtor Code of Ethics states that agents are to a "pledge themselves to protect and promote the interest of their client" (you).

Nothing personal, but I felt the post IS relevant because the OP is promoting "wholesaling" on the forum.

Upon completion of the investigative process, the investigator or attorney will prepare and submit a report to the Commission for presentation at a regularly scheduled meeting.

If you are the owner of the property with others doing the growing you have to be sure that they pay you regularly or you will evict them, often you will be the last to get paid as they need to pay for utilities ($10k+ mo.) and the cost of labor and supplies to keep the operation going and making $.I've heard that store owners and production companies do much better financially (in Washington you can't grow and sell or make edibles, there are 3 different licenses) they have less overhead and less risk of issues with the crops to contend with.Good luck!

Sidenote, never ever base your financing decisions off what it would rent for as an AirBnB.. lots of folks in my market getting burned real hard right now for doing just that, after the city put the kibosh on short term rentals.. if it doesn't make sense as a regular rental, don't do it. 

The owner would like $1,200,000 and will carry a note for $1,000,000 - $1,100,000. he ideally wants $200,000 down.As with most new investors I do not have capital for that type of down payment.A liitle about myself:I work a regular 9-5 job and also have a realtors license I have done two wholesale deals in the last couple months since starting to devote a couple hours a night to investing.

Certainly, there is some basis for doing so because many states have not even addressed the issue at all, thus allowing many to go unchallenged in their operations - so far.I simply wanted to present information to people because I believe - which I was clear about - that RTO and LTO are a very shaky business model that could have long-term consequences for those so engaged, as a counterpoint to all of those gurus who post here espousing those methods to help promote their get rich quick schemes. 

Also dig into the condo docs as sometimes there are special assessments that can come up from time to time beyond the regular condo dues.  

Is a  home inspector a must or a regular contractor who can tell me how much the repair will cost?

This is mostly due the size, as a lender we are qualifying the building's ability to repay not your personal ability to repay.However, if you have good income getting a regular commercial loan secured by the lot shouldn't be too big of a deal for a community bank or portfolio lender.