A common mistake made by buyers of vacant land is that they "know" where the property lines are. 

They had found a niche in financing the small mill village style houses common in the Upstate. 

Someone that doesn't have $500-$1000 like so many common EMD amounts, I'm not sure they would value or care much about lenders money. 

Which is interesting, I own two other houses on septic systems and have never received any notices to inspect.From the link that Charles posted:https://doh.wa.gov/community-and-environment/wastewater-management/septic-system/caring-your-system#:~:text=If%20your%20system%20is%20only,a%20more%20stringent%20inspection%20requirement.If your system is only a septic tank and drainfield, commonly called a gravity system, you need to inspect it at least once every three years.

Uses the common rents on the 1007 rent schedule of the appraisal to approve based on rents.As long as you can show a .85% DSCR or above on rents to PITI your good to go on the approval.  

As you get bigger, there might be better deals out there.This seems to have most of the commonly used features. 

this is extremely common late BK or reinstatement. happens all the time in court house steps deals to all of us that play in that sand box.

I used to do lease options 20 years ago, and it seems like a great way to wrap around without trigger a sale or breaking any terms of common notes.I have a $1.3M property with a 1st of about $850k at 3.25%(or somewhere around there). 

In these forums - A common question among real estate investors that want to get into the multifamily investing space is how to get financing.

Every so often you will find a higher end Section 8 property but it's not as common.