It can be done but each situation is specific and would be underwritten to see the risk and what the exit strategy is. thats the key with shorter term loans - understanding what the borrowers exit is.

The answer would be partially dependent on what are you looking to get out of it for rent and what type of risks are you comfortable with?

And that's why it's work, serious concerted work to mitigate the risks.

I have front loaded all of my risk, have the best units on the market, and got the deal for less than 25% down.Whats gone are the days of leaving 0% in the deal and getting infinite returns.  

For those who have applied and don't meet criteria, what is the best way to communicate that you aren't moving forward with them that does not risk violating any fair housing rules? 

With these declining commercial spaces, these communities could be at risk for blight.If you look around, you will see new retail spaces.

Low probability but high risk.

The online eFile providers can do it for you, sometimes for free.Warning: Email is NOT secure, and you will expose your contractors to unnecessary risk of identity theft.

If you live there you probably have a good handle on the subtle market dynamics.One significant risk of buying any property out of state is that you have a lot less knowledge and first hand experience with all the nuances of that specific market.

Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.