Typically a HML will not lend on owner occupant property due to federal compliance issues.

If you stick with the prison idea, specialize in Female prisoners and Federal prisoners. 

There is federal regulation against it buddy. 

Then your project would be eligible for 20% Federal tax credit & 25% State tax credit.  

Tax deeds convey title to the purchaser free of all prior encumbrances (mortgage liens, judgment creditors, etc.) of any kind ​except liens specified by Revenue and Taxation Code Section 3712, Lis Pendens actions and any Federal Internal Revenue Service (IRS) liens that are not discharged by the sale”.

I met investors who partner with the federal government through government contracts and investors who partner with local organizations.

All bids are to be based on the bidder’s own information and knowledge of the property, learned through his or her own efforts, and not on any representation or comments made by the Committee.The property is being sold free and clear of the lien(s) being foreclosed, and of all interests subsequent in right to that lien.The property is being sold subject to:All taxes due the municipality not foreclosed by this action,Water and sewer use charges not foreclosed by this action,All building and zoning regulations of the municipality which affect this property,All building lines, easements, restrictions and all other matters concerning this property which appear of record,The rights of any person in possession or occupancy of the property who have not been made parties to this foreclosure action,The right of the United States of America to redeem the property, if applicable under Federal law,Any other liens on this property which have not been foreclosed by this action.Further description of the property and further terms of the sale may be obtained from the Committee or from the court file.

.- 2022 and 2023 Federal Tax returns with all schedules included- business and personal (if filed separately)- January 2024-current Profit/Loss, Balance sheet, debt schedule (template attached here- or can use your own profit/ loss template)- 30 days most recent paystubs and ’22 ’23 W2s if you receive pay checks.- Most recent 2 months of bank statements outside of CBNA- Most recent retirement/ investment/ life insurance statement, if applicable.Is this an insane amount of paper? 

When you look at your tax liability, consider that your depreciation will be recaptured at 25% federally.  

, city/state/federal rental program contacts, handymen, insurance reps, other brokers/agents, and more- Market knowledge: Familiarity with areas of service.