For the issue itself, the crack isn't necessarily my biggest concern, but the displacement of the foundation is what worries me.

My concern is that I might be over leveraging myself if I try pull out a 20% down payment for a DSCR loan.

There are 4 to 5 houses on this private drive way which is paved like a street but is not maintained by the city and most if not all of these houses belong to family members in the estate.I have to concerns about buying this property and please fill me in on your thoughts and opinions.  1. 

I think the market has shifted in most areas, and "too much cash flow" isn't really a concern anywhere with interest rates where they are, whether in Alabama or California. 

FHA Refinancing TimelineFHA loans have a 12-month occupancy requirement, meaning you must occupy the property as your primary residence for at least one year after closing.Closing Before One Year: Refinancing into a commercial loan or transferring the title to your LLC before completing the 12-month period could raise concerns.

As far as the airport is concerned, the government just bought the land.

@Truong Vu You have some valid concerns, but most investments, whether for your personal use or long term holding property is usually about leveraging what you have.

Start with BiggerPockets Ultimate Beginners Guide (free).

There is almost always a market for a going business concern with a positive cash flow.  

While he wasn’t successful getting the insurance companies to accept liability (initially), he pointed out to the plaintiffs attorney that (1) the owner of the condo was an LLC, not me personally, and that’ll business concerning the condo was done in the name of the LLC, and (2) the only asset of the Series of that LLC was the condo itself, so that the legal entity owned only that single asset.