End buyer would be a retail customer.

If I was being asked to pay a premium just because certain development MIGHT be permitted, I'd want to be very confident of the City's attitude and decision making history.Otherwise, I'd want those permits to be ALREADY in place! 

Just curious if there are still any lenders out there (community banks, etc) that permit partial seller financing?  

I don't see how that cannot be a good Vacation Rental...Could sleep 6 to 8+ also has 3 car garage that can be turned into rec room with items tailored to my ideal customers or something.

I don't think I would go there as a customer, but hey, I'm just one person. 

the new floor plan, now permits this because you moved the tub. 

I know this work will require a permit. 

I have used Aimloan.com a number of times and found they have very competitive rates and good customer service. 

There are permitting fees, escavating fees, tap-on fees, etc. and always plan on a few overages!  

Rental Income                   97,308.33              99.5%Total Income                     97,813.33            100.0%Expenses1155 Crawford Supplies            1,395.85               1.4%Carpet Cleanings                          145.00               0.1%Dumpster Rental                             59.78               0.1%HVAC                                        10,188.30            10.4%Insurance                                    6,099.35              6.2%Interest Expense                       19,672.53            20.1%Labor                                           9,644.56              9.9%Legal and Professional Fees          500.00              0.5%Licenses and Permits                       25.00              0.0%Mgt Fee                                        1,600.00             1.6% (although it says he managed it                                                                                                              personally)Office Supplies                                  50.00              0.1%Pest Control                                     800.00             0.8%Property Tax Expense                  4,369.76              4.5%Rent                                                 155.00              0.2% (not sure what this is for)Rental Equipment                             222.92              0.2%Repairs and Maintenance              5,929.69              6.1%Supplies and Materials                  8,867.40              9.1%Utilities                                           6,270.92               6.4%Total Expense                              75,996.06             77.7%Net Ordinary Income                    21,817.27             22.3%Cap Rate at asking price of           $899,900             2.42%I did some PVA searching and found the assessed value to be at $543,171 which would put taxes at $6092.75 for the year.