-----------------OHSA does not apply to residential property owners Bruce.

(It's also possible that because your loan amount is going to be so high, the 28K still fits within the allowance; I don't deal with regular residential mortgages enough to know the exact allowed percentages right now but I know it frequently comes up as an issue.)My other major question/concern would be whether it's actually a legal 4-unit property, particularly regarding the basement unit you mentioned.

The issue is that most loan products offered on residential homes don’t care about cash flow.  

Several other properties with this exact layout and in the same zone have the property type: RESIDENTIAL-DUPLEXSo I guess my question is this: If I were to go through the trouble of putting in a new and separate heating and cooling unit for this property as well as adding a new power meter for the basement unit, how hard would it be to get this property labeled as a Duplex from a Single Family?

I'm currently in the Residential Construction Management program here at Penn College and graduating next year.

Just tons of stuff and 1 million deal is like 100k house in residential.

One should be cognizant of diversification in your real estate portfolio, so spreading investments amongst apartments, self-storage, mobile home parks, single family residential, commercial and raw land development is a great way to achieve this.

Multi-unit property in great community of Fort Lauderdale, FL8 Residential units 2 Bed / 1 Bath, fully remodeled.2 Commercial space unit.

Is your financing going to be residential or commercial? 

The provisions of this section also apply to occupants and owners of residential real property which is the subject of a mortgage foreclosure or contract for deed cancellation and as to which the period for redemption or reinstatement of the contract has expired.