Secured by Deed of Trust.The property is a manufactured home attached to land in Southern Colorado.

Apparently Hospitable uses a public API and is not a official partner with VRBO.

Create LLC have dad lend money to LLC, use this loan as down payment on larger property(s) as your dad’s loan is NOT secured by real estate but by the LLC.3.

Also - you probably wouldn't want to close on the property without insurance as you would also lack protection.What is the reason you can't secure insurance?

I've been sued 5 times - twice as a public official and 3 times by insurance companies.

And of course, most homes have HOA's (homeowners associations) that can be $20-$250/month to pay for community maintenance, sometimes lawn care, cable/internet, amenity upkeep, pool, security etc. 

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

If tenants are moving out right after closing, do double check the leases clearly show the security deposit they paid the seller and you collect that amount at closing from the seller (credit to you) so you have those funds to then return to the tenants when they vacant under your ownership. 

I knew there were others out there going through the same thing :) I agree- we've been able to work with investor-friendly lenders to secure conventional loans that allow us to buy properties and honestly, i've never really leveraged credit cards for RE or RE related purchases so this was slightly new territory for me.

If you listen to the end of Powell's speech yesterday the most important part was rarely commented on by the media which is when he said, We will continue reducing the balance sheet. translation, They are continuing to let Mortage backed securities and US Treasuries roll off without renewed purchases.