The issue is you cannot force insurance companies to do business in the state.

3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

The primary risks at this point would be       1) to your lender, the risk of a margin call.       2) To you; underestimating the true cost of a project and cost overruns      3) To you; legal risk of securities regulations if you partner looses money. 

I wish you the best of luck building your business on another platform.  

In some cases, federal tax credits like those for low-income housing or economic development might also apply if the project aligns with certain goals.Instead of buying the land outright, developers often lease it from the tribe, which can reduce upfront costs and sometimes come with favorable lease terms.

If you drop business and work you can bounce back.  

It was a huge investment, but it cut the electricity cost by the full 2K per/mo all summer.

I would guess an older home might be more cost to insure?