Thirdly, financing and potentially selling later on could be challenging again with the part of the plan being on a campground. 

We accept all applications and in the case of section 8 the only real time we don’t is if the numbers don’t make sense with market rent vs HUD standard.  

In just the past week, I've had to deny six applications from agent-led showings because the agents didn’t conduct proper due diligence upfront.

Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.  

It's calculated as the ratio of your total loan amount (loan amount for purchase + loan amount for your rehab) to your total costs (purchase price + rehab budget). 95% is a good target.Avoid application and other upfront/junk fees. 

The seller is offering seller financing at 2% interest with a 9-year balloon.

Creative Financing" can mean a lot of different things depending on who you're talking with. 

.: The applicant needs a social security number or an individual tax ID number (ITIN).

Are you looking at the maintenance/repair costs of the homes once in place, W/S/G costs. septic expense if applicable? 

The owner is open to seller finance for us.