While I can see how having some POH's isn't the end of the world, especially if you have a solid plan to transition to TOH's over time, for someone with no "experience" and not a ton of startup capital, my major concern is being able to get financing if I can't secure a seller carried note.

Hi Miguel, is it about legal concern? 

Thank you for your genuine concern, everyone!

I’m concerned that contractors out of state could easily take advantage of you never being on site to keep the contractors accountable 

Leverage is way down on the list of concerns for many investors.

Download the free calculator here.After seeing these numbers our client’s often want to house hack, but are concerned they can’t afford the downpayment or qualify for a mortgage loan.

I understand Term FIFA But I am more Concerned about Assignment and Cancellation?"

Generally the biggest con or concern on rural (from dscr lender perspective) is the availability of the land to build competitive supply cheaply that can challenge the value of the subject property. 

My biggest concern starting out is Uncle Sam..... 

My biggest concern is time.