Between Sanford airport, the Sunrail, and Halifax Health, I think growth is going to be inevitable along that roadway.Right now, the majority of new residential construction is being done by D R Horton.

There may be some type of easing requirement if your tenants have occupied for 6 months/1 year and so forth, but it may sound like you may need to go through a lender that focuses on asset quality meaning as long as you have a healthy down payment the asset is worth lending on.  

If the property cash flows at a very healthy level, this may not/should not matter.

Sure the Realtor may be a liaison between the two parties and they may interact but in no way shape or form do the two work for one another....Appraisers in this environment seem to error on the side of caution based on what happened in the past it seems...As a result unique properties end up suffering because the value isn't in black and white and the appraisers aren't as creative/adventurous as they once were in a different era..Good luck but I agree with the majority, if you still have a healthy profit go for it as if you roll the dice the appraisal may even come in lower next time..best,Chris

I'd put down a healthy down payment on this property - 30% + to create extra cash flow. 

There are a healthy amount of investors here in the valley and there are quite a few meetups.

If the property or market has problems that require seller financing, the investor will require a healthy discounted yield to compensate for the extra risk.

For those who made it this far, I thank you and hope you've been safe/healthy during these uncertain times.

Years later when I ran into my own problems I latched onto that advice along with healthy eating (i.e. the selenium in sunflower and pumpkin seeds help give you a positive attitude - no joke), exercising and listening to positive empowering music (I'm a positive hip hop fanatic - check out Dead Prez's 'Refuse To Lose'.)Embrace the energy you feel is making you "nearly homeless" and turn it into steam to move forward and succeed.

Don't settle for 1% deals, and run a conservative pro-forma with accurate expenses and healthy reserves...