But if you subdivide it into anything smaller than 5 acres, you may be required to plat the entire project, be subject to council approval and be required to have public meetings about the project.

You could structure a win-win situation where Investor A (the seller) gets his proceeds to cover the work on the remaining properties, while holding the note for you.

It is still subject the mortgage rates and business plan to make the investment profitable. 

STR offers higher income potential, flexibility, and tax deductions but is subject to seasonal demand.

Again, this is a broad question to engage people's thoughts on the subject matterPlease feel free to share your thoughts and ideas

My wife and I can cover $75,000 or so, but we would need a loan for the rest until we can get a SBA 7a after closing.

Hi Hunter.Hopefully I have some good answers for you regarding our doctor program.Employment start date must be with 90 days of loan closing.Min Fico 720Max DTI of 43% 6 months reserves on subject property and the other properties you own.5% down on $400k to 1.5M10% down on 1.5M to 2MWill be an ARMNo mortgage insuranceSFR, Condo, Townhome, PUDs only no MultiunitsLet me know if you have any other questions!

Since your friend covers utilities, this offsets some of your cost.

Currently, less properties are qualifying (or lower LTV being offered) due to the rental income not covering the mortgage loan plus expenses.

The problem is that you have to accept the dog but the insurance carriers do not cover bites from Pitbull's.