Should be interesting to see how this all shapes up. 

Having said all that, if the area is large enough, the fence is in good shape, the owners seem responsible and your covered by insurance it could be a good opportunity to get a good long term tenant. 

Depends on the shape. 

Again the tree was in such horrible shape that I didn't want to risk it falling by having someone who didn't know what they were doing trying to cut it down. 

Might be in good shape. 

I'm going to have to check out Pickelball soon, I used to really like playing tennis growing up but currently way too out of shape for that much running so Pickelball sounds pretty interesting!

I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.

Risks are low demand, the bad shape of the property, the area around it, past owner problems, law and zoning issues, and meeting local building codes.

Building is in great shape - metal siding, metal roof, new HVAC unit in 2018.

It was not maintained, and would require about $30k to get it into good shape.