Sellers concessions are an excellent tool to close 'smaller' repair gaps as they help reduce the buyers cash to close and increase capital reserves for anticipated costs beyond closing.

Having your own online booking capability on your website that allows people to book or reserve the unit3.

Overall, there are a lot of nuances and a few questions we would have to confirm to be sure we were setting you up with the best program for you.

If you can't get sewer, then your alternative is onsite septic, if soil is suitable, then your buildable area shrinks dramatically due to drain field and reserve areas for each home.

Structure the acquisition properly, proper leverage on fixed rate debt, ample cash reserves, and run the asset professionally.

Meet the contractor each week to confirm progress to give them their payment for that week, checkpoint. 

HOA has a Reserve Study outlining $400,000 in outstanding work that needs to be done between the two buildings and property.

Many lenders are hesitant to provide long-term financing to first-time homebuyers, which could limit your funding options.Finally, consider this: if you invest your cash reserves in one property, how long will it take you to save enough to buy your next investment property? 

If you're not a W-2 employee or have additional income you can try an alternative income verification such as bank statement deposit averages or asset depletion (if you have significant reserves or assets.) 

Any phrases such as "finished basement or attic", "in-law suite/arrangement", "seller nor listing agent can confirm the legality of the basement/attic unit" are a few common ones.