I actually like them because the homeowners' association (HOA) usually covers most of the insurance, and there is very little maintenance required.

We will always require at minimum 10% of a down payment for a purchase.

As for non-bank loans, I'm familiar with a loan program that provides 100% financing, but it requires a minimum 650 credit score and proof of funds covering 12 months of interest.

Looks like a good service but they seem to require a minimum of a 100 doors?

Will the title company put this property under our LLC name, and won’t be required to legally inform HUD/tax authorities. - will it influence property taxes once we move to conventional loan in 3 yrs? 

If so, what are the time requirements for construction?

I suspect it's an old line that failed and required replacement.

You are required by law to send  1099 to the government, and to the vendors if you have payments of $600 or more in a calendar year. 

Conventional loans will require 12 months seasoning for cash out and are usually capped at 75% LTV 2.

I don't know what they are but unless there's something in the city that requires that kind of notice, it sounds excessive to me.