Some do . its been more common 

I would be suspicious if you did not have financial covenants. it's so common.Default interest rates are very common in commercial loans. however, recent huge litigation (Honchariw decision...google it), makes applying any default rate very very difficult and litigious now.

There are two reasons why a property doesn't sell: Price and Marketing (or more commonly the agent).If you feel like you have been marketing the property well, then it is the price.Land is extremely difficult to sell.

Let me know if you would like me to connect you to some lenders up here.As for owner financing, at the end of the day the owner sets the terms he wants, but as was laid out above, there may always be a way to find common ground to make it work.

But, that leaves the mortgage in your name whcih I see as a layman leading you into issues with co-mingling and alter-ego...So, learn how to properly operate the LLC to maintain your corporate veil.One common loan being used is dscr. 

Hey @Danny Sanchez, down payment assistance is extremely common and a great resource, especially the Minnesota Housing program!

In my experience, 30 day to 3 month leases are the most common unless you're working with insurance placements which can certainly be longer.

My lender has an option to take a second out to cover the downpayment (this might be common with many lenders, I'm not sure on that).

The reason I say that is because from the wording in your post, your still fairly early on in the process and may be susceptible to falling for the "next best thing" pitch that you'll find all too common both in BP as well as out of the forums. 

.- consider baking into the rest biweekly housekeeping, so that you know that the property is being kept up with (prevents pest issues), and you won't have to deal with any quarrels over who's cleaning the common areas more than who.- always have the parents co-sign the lease.- make a manual for them. what would your own kids be calling you about when they first move out on their own?