The house that I live in is very easily devideble.

If she gets a basic job, rent would easily be less than 30% of gross). 

As she says after 20 years or so she can easily pull cash out for personal use.

Feel free to reach out with any questions!   

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.

Feel free to reach out if you have any more specific questions or if you feel like I can help at all.

I reached to the board of the association but didn't get much back, however, I/we are now aware of this hypothetical health concerns.

If you have any further concerns or suggestions, please do not hesitate to reach out to me directly at [email protected] you for being a valued member of the BiggerPockets community.

.+  Reach out if you have any specific questions.

I will try reaching out in local groups.