Now, the city of Decatur is a nationally recognized town with top-tier schools and astronomical real estate prices.  

I’m sure audit rate on this has to be astronomical and just need good records?  

The closing costs seem to be astronomical for the cost of the property.

Typically private lenders won’t you CJ long periods of time unless it’s astronomical Interest as money is constantly devalued and $100k today vs 20 or 30 years from now will seem the money essentially worthlessOnly reason it works for banks is because the money they lend actually doesn’t really exist they make it up due to fractional reserve lending

Investors who can claim this astronomical rents have asked me why are their turnover rates so high. 

You seem to not grasp or maybe not care that you could astronomically be devastating someoneś entire family, possibly leaving them homeless or in all out despair.

Holders of those loans may never sell their house since the cost to buy a different similar house would be astronomical, and unless a move was absolutely needed, they just wont sell.

Where I live in the East Bay Area, purchasing in an area already zoned for additional units is astronomically expensive.

Given that  you will have 5% into it then the ROI could be astronomical, if rents go up nicely and also the prices go up nicely too.

I often like to think of extremes to put it in perspective - if 100% financing was available, everyone and their brother would be buying up property and the prices would be astronomical.