Variances are usually issued for hardships or unique circumstances.

Best part about investing is the ability to stretch your funds with the best bank financing available.

In my non-attorney way of thinking, if you participated in the construction/design and had your crew doing some work, it might be a stretch, but I'd consider a mechanic's lien.Is the 'IOU' they gave you in the proper form of a promissory note? 

However, by no stretch of the imagination do I think I know it all or an expert.

The unique situation of wanting to stay in the property will deter most buyers.Possibly negotiate a lower rent for the 1st year for a reduced sales price. 

I understand it all comes down to the seller accepting this but if 10% is more common and would help me get this deal I can maybe stretch to a 10% down payment.2.

don't forget about mowing, snow plow/salt, some turnover, taxes for your manager/workers comp, free lot rent, money for your management time, accounting software, LLC set up cost Your going to have more of a greeter in a park like this, which would be free lot rent only and maybe $5 a lot...smaller parks have really thin margins...if you have 2 tenants move out, die, leave town, get arrested, whatever, you then lose 14% of your tenant base and monthly income for the property, get to 5 tenants and your at 40% which could throw your loan into nonperforming very quickly unless your willing to come out of pocket on something like thisjust to show your top gross revenue will never equal 40,000(210*14*12=35,280)just do your diligence and i wouldn't pay more than 200k for something like this...and thats a stretch or if there willing to carry some of the papersomething this small, don't turnover to a property management company because they don't know what their doing normally with a park like this and their going to charge 10% of revenue probably.

Agents undergo thorough training to ensure they understand the unique needs of USAA members. 

It was not our dream neighborhood, by any stretch, but we were a 15 minute walk from both the blue and the brown line, which was huge. 

Wells Fargo is a bit unique... they get fined/penalized so much that they evidently turned their restitution payments into a formal first time homebuyer down payment assistance program.