We also broker multifamily loans to banks, credit unions, CMBS, debt funds, and private lenders.

.- I was able to get access to private investigator software to find the true owners of these properties since conventional skiptracing produced poor results.  

They've already blocked dates off your calendar that you most likely will not fill on short notice.

Monthly payment comes to $917,  plus another $350 for taxes and insurance so ~$1280/month due to the seller.Using a private money lender to fund the deal, borrowing ~$130,000 @ 10% interest rate, interest only, principal + interest paid as a balloon after completion  or 12 months.House is a 3br/1ba 950sqft. near a university.

I was trying to buy land in GA and the one the I noticed there was the vast amount of demand for timber.

It certainly is possible (private loans, partnerships, syndications, creative financing, etc).

Have you noticed any challenges or downsides?

Out here in the west its simply impossible to build anything that will sell for much less than 500k when your lots start at 100k to 200k each then permits are 30 to 75k each.. then you build the home thats the reality.. only way fed helps there is to buy private land and subsidize or turn federal lands into developments. the one market that would work is VEGAS as its surrounded by federal land.And from what I see in west coast the regional builders are back to pumping out spec homes as fast as they were pre GFC..

Any paper trails that should be in place or is it as simple as giving notice at the right time next year and not renewing the lease?

I don't know if I did it right, because I prefer NOT to get a traditional loan for my next property.... and I don't know how to estimate (or even GET) private lender loans.My buy box is;- Something I can use for long term rental AND MTRs.- Less than $25K in rehab- Quick rental potential (<3 months rehab).- Low crime, low foot traffic- Access to restaurants, grocery and job (hospital, university, denver tech center, denver downtown)- COC ~5-6%My preferred method to buy is Sub-To, so I would like sellers (and agents) who are ready and willing to consider this.