You don't have much margin for error if the estimates are off.I would not want in on this deal unless this was a super unique property that has room to improve the numbers.

@Paul ElstonEach of the areas you're considering—Charlotte, High Point/Greensboro, and Raleigh—has its unique charm and real estate market dynamics.

Those are definitely some unique loan options.

Need to look into this more, just thought it was unique   

Ultimately, there is no absolute answer and unique tool/strategy in anything real estate.

You seem like a very intelligent and hardworking person; I'm sure you can come up with a value proposition that is unique to you. 

We're looking to build something unique/contemporary with of course elements of the local area (mountain town).

I prefer to utilize a broker lender because they generally have access to more unique loans, however I do know some BANKS or credit unions have inhouse portfolio programs available that don't exactly follow fed guidelines, which may also be good options. 

I have each unit in the building with a unique rent rate, so even if the tenant does not have the teller enter a note with the deposit (they often do), I still know who the rent payment is from based on the amount. 

Here's the New Jersey law regarding security deposits:https://www.nj.gov/dca/divisions/codes/publications/pdf_lti/...