If it's not a deal breaker, then you can likely refinance with any conventional lender or private lender, and the current lender just has to be repaid. 

Less infrastructure buildup, high turnover compared to conventional office but much less work than events etc. 

I took out a conventional 30 mortgage on the property.

Interest rates on land contracts are usually at or above current conventional mortgage rates to compensate for the seller's risk.How much is typically asked as far as a down payment?

Conventional is an option but conventional have longer seasoning requirements and won't allow LLC vesting.

They get a Conventional FNMA for 80% of the purchase price, a HELOC or 15% and pay 5% down.  

@Nick LongI think you're overcomplicating this... if it's a fixer, once it's rehabbed, just refinance it into either a conventional investment loan, or a DSCR loan.DSCR loans don't have the 12-month clock - you can usually refinance 90-180 days after purchase.  

It seems the few lenders I've spoken with all want to direct to conventional vs anything else.

The local bank allows me to purchase 2-4 investment units with a 30 year conventional loan + renovation loan for all fixes with 20% down The renovation loan is kept in an escrow and paid to the contractors as the work gets done.Anyone buying 2-4 units and doing it this way?

He is well beyond the standard allowable conventional loan limit and uses the best means possible (private money) to continue to fund his single family real estate investments in several markets around the United States, some for cash flow and others for appreciation.