In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

@Jose Jacob“I feel like everything was kind of falling in your lap.”That’s EXACTLY right….I typically didn’t - and don’t - try to find deal situation that fit a certain strategy or technique.  

Don't make it complicated.

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

Cities will either not be able to comply or select sites that are currently zoned and used for purposes other than housing.This can lead to more complications with lawsuits and other administrative challenges that in addition to absorbing time and money prevent additional housing units from being built.

Is paying a mortgage via debit and saving 14k a groundbreaking technique that will revolutionize my business? 

., you might be cutting it way too close to really do anything. 15k is the bare minimum I suggest for reserves or oh no money on any project so that doesn't leave you a ton left to work with.As @Glenn Banks said, 203k is probably your best option because it's an FHA loan and you can do low money down and the reno is baked in, but the reno is complicated.

I don't know how complicated that process is.For single family, I have looked at loan assumptions, and currently, what the new home builders in CFL area are offering seems like the best bet, if one can do a primary residence.I would love to attend a CFRI meeting, I will reach out when I am closer to returning back to Orlando from my current trip.

Gain trust by following through on a deal or 2 without complications, and NEVER back out of a deal once you put it under contract.

They pick me up, drive around the block, do the exchange and drop me back off hahaha Too complicated bro.