A lot of 'off-grid' places are not, which will lower their value and resale ability.Also, you are decreasing your potential market by choosing a venture like this..not everyone will find composting toilets as cool as you and I might.Having said that, I think it could be a great find, if it check all the the boxes.

(ATTOM)These figures represent a significant decline in foreclosure rates from the peak levels recorded during the 2010 housing crisis.

Unsecured personal debt is often from institutional sources, but at rates of 9-20%, fully amortized over 3, 5, or 7 year terms (not interest only).

As far as your next property, if you are already considering moving you will get better loan options + interest rates if you decide to live in the next property and rent out your current house. 

I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.

At any rate it is possible, but depending on your appraisal it could be a gamble

Depends on the brokerage you have, but the one we use currently has a rate at 5.83% at 50% LTV.

THe lender is a credit union and it is a conventional low rate loan.

What is the cap rate?

@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?