This market is always changing, which means investors need to be flexible.

Lots going on and I'm just the bumbling handyman...You want solid b class tenants that are flexible and tolerant. 

To them your situation isn't personal, either they are going to be selling the loan to an organizations such as Fannie Mae or Freddie Mac meaning it needs to fit neatly into the buyer's parameters, or they simply have internally mandated underwriting parameters which aren't flexible. 

So you have to play the game but there is a lot of flexibility.  

He ended up buying with this “alternative” but didn’t go in depth with the hows.I have the opportunity to purchase my neighbors home and she is flexible with us.

They tend to be more flexible.

The whole idea is flexibility, you are not required to keep the loan in place for 30 years, only as long as you need it. 

You want to talk to smaller local and regional commercial banks as they have more flexibility and make decisions on a local level.One thing worth repeating and I can not emphasize enough is the more complete and professional your business plan for the property and your financials the better you look and the easier it will be to get things done.

@Dave SaveriIt depends on what you're doing because most don't do every type of loan or even genre or real estate.

Also the limited commitment (1 year leases make it a bit better to be flexible, as your investments do well or poor you can adjust your housing expenses accordingly.)