If you can provide additional benefits to the community, particularly those most greatly impacted that's great but that alone usually isn't sufficient in most municipalities.

I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.

Prepayment penalties- usually 1-5 year terms.

But here’s something to keep in mind: when you sell a property, you usually have to deal with depreciation recapture, which is another type of tax.

Water leaks, problems under the trailer ie insulation falling, a tub cracking, a new roof, frozen/cracked pipes (usually in January- and plumbing companies simply will not respond to mobile homes), rotting siding, bad exterior doors etc. 

Usually real estate agents have several lenders they know about. 

While Owensboro has its advantages, it doesn’t usually stand out for most investors from a price to rent/ratio standpoint.

Charlottesville permitting is usually a nightmare and I can tell you that if you are trying to do something like that fully up to code then the city's standard is going to be more or less the same as a normal house/structure.

Sometimes lenders will allow their portfolio loans to be assumed as well, but usually not if they can get a better rate with a new loan.

Usually, when I buy a duplex around that price range in Cleveland it's closer to $500 a unit annually or $1,000 a year.