Some states require an attorney to close even with a title co. 

You will be required to honor them or make the tenants a deal/ buy them out if you want them to vacate before their lease is up. 

Our local real estate agent stated that the forest service is not obligated to extend the lease which would require moving the cabin.

This would lower your down payment requirements, lower your interest rate, lower your property taxes, and MAY make you exempt from state income tax.

If you have any ideas of buying, modifying a note and/or selling them, or not using your own assets to acquire them you'd be in the business which will require you to go through registration or brokerage requirements.

There also may be city/state requirements about removing the tree if you own it, so I would investigate that option as well.

Generally, the fees can range from $500 to $2,500 or more, depending on the specifics of the loan and the attorney's rates.Here are some common fees associated with loan document preparation:Promissory Note and Loan Agreement: These are the core documents, and the cost of drafting these can range from $300 to $1,500, depending on the complexity of the deal and the lawyer's hourly rate.Deed of Trust or Mortgage: This is often required to secure the loan against the property and can cost an additional $300 to $1,000.Title Search and Title Insurance: If you’re using title insurance or require a title search to secure the loan, this can add another $300 to $800 or more to the cost.Other Documents: Depending on the type of loan (e.g., hard money loans, commercial loans), you might need additional documents like personal guarantees, collateral agreements, or an escrow agreement.

Each town is a little different, some require you to do a landlord registration and/or will want to do an inspection before you put a tenant in (calling the town would probably be the easiest, or they may have the info right online).

Also, most require a degree in interior design, which I do not have.

If your chosen market requires 2 or 3 flights with layovers, you probably won’t have the time or desire to get on the ground as often as you like.