Non-issue.

We only consider investments that allow non-accredited investors, which in most cases means 506(b), Reg A, or Reg CF filings.

I love that the rate is fixed for 10 years, but the PPP is only 3 - best of both worlds, if you are that Texan: if rates go up, you're protected for a decade, but if rates go down you can refi penalty-free after only 3 years.Credit Union - This is a Washington State credit union, coming in strong with that 30 year amortization producing a lower payment.

You'll want to find out in advance if the property is a warrantable or non-warrantable.  

Put a larger down payment 

They may be able to finance you at a low down payment if you have experience, reserves, and FICO as long as the 65% of the value can support the entire purchase price 

Here is what is being considered:SCENARIO 1):1) Parents loan us money at X% rate.2) Loan terms would allow for early payment without penalty (we would get a conventional loan in 2-5 years to pay parents back).

If that's the case is the best hope a 10/15 year loan with 30 year amortization with balloon payment due?

Look at listings, Airbnb rentals, and feedback from locals and tourists to gauge interest in non-traditional properties.

This benefits me, because I'll still collect the rental payment and have the ability to evaluate the tenant before anything more long term is signed.