By The way thanks for the quick replies, how much would a SE charge me for something like this?

For the sake of this conversation, what if the money was, per se, gifted to me?

To be honest, I do think the market for my area is heating up quickly, but this is the third house in 6 months (I only have 3) that's rented on the first day of showing, all in the 30032 zip of SE Decatur, metro Atlanta (B- or C+ neighborhoods). 

We’re in SE Iowa.  

Several pluses in having the take out loan set just waiting for the qualified buyer.As to points: Again, points are prepaid interest, private lenders are not HMLs, they are not in the business, they are not registered lenders or regulated per se and most states limit points, if allowed at all, points are still computed and applied to any usury limit.

They are in SW and SE Oklahoma City.

I personally work for a Real Estate Investing company, but live in SE Portland.

SE Ma is a different animal and I know people who are doing well in that market.

It's located on the SE side of town, near the hospital, and see online that there are plenty of smaller multi-family properties listed for a fraction of this one.

But, I've started looking in Ocala and am working with a realtor in that area whose from that area.I found out there are a lot of well/septic areas, something that I am not akin to and really don't want to get in to for investing.I'm looking for rentals as suggested in the SW/SE areas.