What made you interested in investing in this type of deal?

Of course unless your buying defaulted notes at the get go then again as Chris mentioned this type of fee should be handled up front.. and if it new origination your making and then they go bad.. in your foreclosures you can charge the borrower these fee's when they cure or add it to you opening bid and when someone buys it at the court house you get repaid..

Less oversupply with that product type and more renters that were renting the more expensive bigger cabins are choosing the lesser ones because they love the area but don't want to spend as much on rent.We've talked with several long time investors out there and there isn't a one that have held on to their cabins over time that aren't still adding more. 

Quote from @Michael Smythe: Would only recommend on a Class A property in a city with major housing shortage.Then you are likely to get solid white-collar tenants that understand the living arrangement.Otherwise, you'll get transient type tenants that will be nothing but trouble.This was what I was concerned about. 

Great question - 20% down is the typical down payment for investment properties, regardless if it's a single family, duplex, tri or quad.We have a 15% down option for the same type of loan.

The best way to approach these types of groups or if anyone knew of any they could suggest. 

I was wondering if anyone had ideas on how I might be able to attract more tenants who are okay with having this type of policy as I know it might be a bit of a niche market, but I'd love to hear any suggestions.

Purchase price: $920,000 Cash invested: $150,000 Sale price: $1,470,000 Retail Office Space Fix n Flip What made you interested in investing in this type of deal?

I have learned over many years of investing and working with many different types of investors, that there are many different types of Quality Deals, and they are not that same for every investor. 

@Derek States Have they mentioned what type of development they'd like to see on your site?