Its going to really depend on your location, scope of work, and finishes.

You control a 1.5M asset for $35k and get to live in an amazing location.

While the co-signers add some security, the family’s newness to the U.S. and uncertain job situation make them a higher risk overall. 

There's nothing wrong with where your your present cleanout is located.

This is located in the Sailboat Bend neighborhood of Downtown Fort Lauderdale.

What I love about them is they will even accept the higher lease amounts over the market rents if we can show first month's rent and security deposit.

Quote from @Michael Smythe: @Jerry NoguerasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Loan Security: The property will serve as collateral for the seller-financed loan.

Quote from @Brian Rocha: I'm looking to secure a HML for a fix n flip in Florida and for now and am only looking to secure for the purchase price only and handle the rehab costs myself.

My unit is located by Rose Medical.