Unfortunately with those numbers it's tough to find a non-bank lender/financial institution that will lend.Usually loan minimums are $50K and the up to 75% LTV on purchase-money/70% LTV on cash-out refinancing, which basically means you need up 25-30% depending on the type of financing. 

HUD and Agency financing is another beast compared to conventional or non-bank lending (Secondary Market).

Switzerland does impose some restrictions on foreign and non-residents buying property but you can still buy and several members of my family actually own property there.

.—(1) Whenever money is deposited or advanced by a tenant on a rental agreement as security for performance of the rental agreement or as advance rent for other than the next immediate rental period, the landlord or the landlord’s agent shall either:(a) Hold the total amount of such money in a separate non-interest-bearing account in a Florida banking institution for the benefit of the tenant or tenants.

Quote from @Benjamin Finney: Chris, interesting niche on non-performing mortgages/ rtl's.

Some condos are non-warrantable meaning you have to use non-government backed loans.

The Economic Development there is focused on building competitive regional talent, diversifying the regional economy, transforming Montgomery's image and building diverse community capacity.Major economic drivers to the area include Hyundai manufacturing, Maxwell & Gunter Air Force Base, major Amazon distribution, Alabama State Capitol, Alfa Insurance, Kinpak, H2 Pharma, Dollar General transport/logistics, Dow Chemical, and Conner Industries to name a few. 

Inside mounts look cleaner and you can still add decorative window dressings.

My question is if it is legal to charge late rent fees just the same as you would for a non section 8 tenant.

If it's a larger debt, I would not offer cash for keys.Yes it is for non payment