We just had an conference call on this and a wrote a forum post yesterday about this exact circumstance and loan product..check in with @Joseph Chiofalo

I would just check with your lender to verify that the property will be eligible for refinancing after the construction loan.

I am also needing to get my loan team dialed in...So, do you also have recommendations on national banks (obviously I'll check banks local to the deals I find), but would like to start with national banks who specialize in this space.

One important tip for you is that if you decide to hire a property manager, make sure to check if they are licensed.

You might check to see if you are grandfathered.

Checking title before bidding is on the 1st page of Foreclosure Buying 101.   

@Corbin HiblerYou can check with the city to see if they have programs where it gets rolled into the tax bill.

Murphy is just a regular matress bed that folds up. 

Check out this map:Most of Texas and Florida are lagging Midwest locations like Detroit, Milwaukee, Cleveland, Columbus, etc.What do all the seasoned investors think about this?

Check in with @Joseph Chiofalo they are a Nationwide lender he'll point you in the right direction.