No natural elements stopping the growth of the city in any direction.  

Building Coverage – this mitigates and restores the building from covered losses and this coverage is required by lenders to secure loans.Building Coverage – i.e. fire, wind, water, vehicle impacts and other elements of structural damage.If rented while you are looking to sell itLoss of Rents/ Business Income Coverage– pays for loss of rental income when a building that is rented to others is damaged by a coveredloss.

There are numerous portfolio commercial lenders that can help.  

In NYC, you have numerous cases of landlords disregarding rent stabilization laws for years and years before getting caught.

He did say the actual costs would likely come down from that, but of course it is all dependent on final design elements and client choices and involvement etc. 

@Caleb Spillyards I'd suggest first zeroing in on the strategy you're pursuing--you mentioned numerous strategies that are all quite different.

If you're purchasing a duplex/tri/quad and renting out the additional units, you can still take advantage of numerous "investor" tax benefits on the remaining units, including accelerated depreciation via a cost segregation study. 

Some element of the prospective tenant is creating doubts in you.

Different numerical answer, but the same result as above in that I ultimately needed to make a yes/no decision..ended up keeping the property and will BRRR it in the next few months.

I feel a bit dizzy trying to keep track of the numerous steps that go into structuring this complex type of loan.