I'd cold call Cragislist for everything that looks like a FSBO or otherwise seems like an "odd duck" that a real estate agent would have a hard time selling.2.

Oh, they also restrict rentals to 20% of the total.

I am looking to make my first deal and was wondering what my odds of being approved for a mortgage are.

I just had this happen at an eviction, oddly enough...guy i evicted for not paying rent left me a 5k boat on property with trailer.

In order to subdivide this lot, I would have to convince the city to change their zoning map and allow for a smaller single family lot size than what they currently allow (very low odds this would be approved).  

There are restrictions on how close geographically & time that you can use the VA loan.

Odds are there are other paid lots near you.  

With a portfolio loan, you will be looking at probably a slightly lower "pain" level, but you will be getting much more restrictive terms. 

Also, some states view a vehicle as essential to one's livelihood and either severely restrict impound rights or grant additional rights for defense of property even if a loan is in default making said impound extremely risky.

The restriction is that you can only have 1 FHA loan at any given time (with some exceptions).