I too was not thrilled with the mundane 9-5 existence.

If you're looking at an FHA loan to live in for a while and then go do it again, you'll have to prove that you're relocating and that you're establishing residency "outside the reasonable commuting distance from his/her existing primary residence."

If you're wholesaling or even buying it, the buyer's funds will pay off the existing mortgage, you'll get your fee, and the seller would get the difference.  

Expect to need 25% down (does 80% LTV exist yes, but don't expect it and you wont be dissapointed). 

@Jon Holdman It appears on the surface that the risk is lower on a vacant piece of land, but insurance exists for the things you can't see.

Typically, the documents included are: Annual Financials, Articles of Incorporation, Budget, Bylaws, CC&Rs, Insurance Declaration Page, Regular Meeting Minutes, Resale Certificate/Demand, Reserve Report, Rules and Regulations.

Existing lawsuit and what Frank posted.

Working around existing stuff can be much more challenging than building from scratch where you can lay out things the way you need them. 

Michael Niemeier Speaking of Japan , their real estate market is interesting as home sales are mostly new homes while in the U.S it’s mostly existing or “used” homes .

Could it be that the PM is a jerk, so they alienate applicants during/after a showing (thus, no apps) as well as existing tenants (eviction, absconding)?