In many cases - properties sell for MORE if there is a vacant unit (especially if it's ready to rent) as you can market the property based off market rents as opposed to lower, inplace actual rents. 

Last 2 years single family has continued to increase due to limited supply even as rates are where they are (which is not actually high).

I’ve actually eaten at that LazyDog, it’s in a prime spot, right near the mall, so I totally get why you’re drawn to it.

MetLife was actually even more affordable in VT.

Possibly; but there's nothing out there from recent years associating it with any actual increased risk. 

I have never had an actual deal done.

Other than that, the NMLS specifies no restrictions on the matter. not sure its NMLS who actually regulates it NMLS is just licensing registration I think its still the states that regulate..thats why you need  a MLO in a certain state then register with NMLS if you have a MLO..

So we figured we start with a few Yurts to get started and add the Cabins when a builder can actually build them.

If they actually use a reputable title company I'd do it but if not, I won't trust them.

But I think any experienced investor would agree that if you aren't doing value-add when it comes to real estate investing, you aren't actually investing.