I'm currently reading it myself and it's a unique approach to getting started in the RE world.

Yes there are but Marine Credit Union is known to work with unique and difficult situations.

I think Boise provides a unique opportunity to invest in multifamily or repurpose existing single family being that in my opinion it is primarily a relocation market with prices being driven up from wealthy people from other areas and not an increase high paying jobs.

I'm a long time investor in the area, a licensed Broker in VA, own a property management company as well as a resale division so always a source of information and direction. 

What kind of unique character does the home have compared to others in the area?

Even the one on Division St which is a less desirable area I guess.

Each market is unique and while some markets are now attracting competition to bid up prices others are next to dead which would mean a long hold time to make a profit.

Today my father presented a real estate deal to me that he wanted me to look further into. He was speaking with a long time colleague that is in a sticky situation with her current home in Prince George County, VA. H...

Those are tremendous terms for a commercial loanwith such a unique mix.The only concerns would be:1) Paying for the new roof out of pocket and on top ofyour 50k.

As a suggestion, the best way to find a great property manager is through networking.In this economy nearly all of the real estate agencies have a property management division but their quality is par.If you find a property management and investment group that rehabs, holds, and manages, in your area you will likely get much better service.