My only concern is that i probably wont be a ble to get a residential loan ( i will find out next week) and ill have to come up with nearly 20k for dP.

Ill try and reword its confusing I know.

Ill search through the MLS and post a couple examples, just for conversation sake.

Karen M, if the mentorship offer is available in the middle of 2015, ill have my five crews solid, and the systems fully implemented and functioning.

And whether we want to believe it or not, something bad could happen on any kind of note you own (in our business we call them the Big 4: death, divorce, job-loss, and illness).

Unfortunately most Americans are ill-equipped for retirement and she estimates that 49 percent of middle-class workers will live on a food budget of less than $5 a day — poverty-like conditions

Can't do owner-occupy right now;elderly father is very ill.

Thanks for your responses.The deal is all cash ( my own) no hard money.Ty Burns sounds interesting the option of see if the tenant wants to purchase, i 'll research into rent to own option.J Scott and Brian Gibbons yes the market is around that price for rentals, i am pretty familiar with the area and also asked my realtor.

Sounds like a classic tenants in common(tic) arrangement where there is a long period of ill-liquidity.

Once the house is built Ill sell for a profit or rent it out.