Maybe because I'm used to conforming loans, but you don't have the consumer protections with non-conforming loans. 

Next, legal entities are not eligible for conforming residential loans such as FHA or conventional loans. 

One downside to note is that they require pre-sale inspections so its a lot harder to get away with any non-conforming basement or attic units. 

TaxesTexas - No Individual State Income TaxCalifornia - Does not conform to a lot of favorable federal tax laws...Winner = Texas

Rather I wait till I am able to refinance later and follow the normal BRRRR strategy.What makes this company unique is that they "Certify" tax sales to make sure they conform to the rigorous requirements that title a company would like to be certain occured so no one can come back later and lay claim to the property through the redemption process.

Hello @Joshua BoyceIt’s not the fact that it’s hard to get a yes from the bank, it’s the fact that the bank will say no to a scenario because it does not conform to their typical guidelines.

If so, I compare what I want to do with the property to the vision and views of the long range plan.If my development concept does not conform to the permitting authorities plans, I generally see my intended development as being a hard sell and elect to find a site that works with the general area development plans.Determining the Highest & Best Use once and if you have reason to believe the site can be used for your general purposes is another story. 

Does a tiny home on wheels have to conform to the same placement rules as an ADU that is attached to the foundation?

Conformity is the death of liberty, perspective, opinion and evolution of thought. 

@Steven Wesolowski you don't need an LLC to get "creative financing"....now, "creative financing" might run the course on definitions but I'm using it here for "non-conforming" loans.