Or would some investors be interested in obtaining a property for under 10K just for the lot with the appropriate utilities running to it?

It would be a good way for you to go, being compliant, fully amortized as moving out to a balloon would have a loan balance below loan minimums that wouldn't likely be obtainable.

Now, you do not need to have a masters degree to obtain a CCIM, however, it does give you 3/4 of the credits needed.

IF SO, the 2nd step to this complete tactic is to make sure I'm there at the auction of that property, have financing on standyby and be the highest bidder for that property in which conclusively, will allow me to obtain a property at well below 50% FMV.

Nothing herein contained shall limit or prejudice the right of the Owner to prove for and obtain as liquidated damages by reason of such termination, an amount equal to the maximum allowed by any statute or rule of law in effect at the time when, and governing the proceedings in which, such damages are to be proved, whether or not such amount be greater, equal to, or less than the amount of the difference referred to above.I tried my best to understand what this states but I do not understand it completely.

You seem like a nice enough guy and I don't know the facts behind your investment decisions, but my ability to obtain great financing has been adversely affected by the ill-advised actions of others.

You may find owning properties in an LLC can make it more difficult to obtain financing.

My reasons for selecting Springdale and Rogers are as follows: Ability to obtain 1% rule, good school districts in general, low crime rate, stable tenant base (Wal-Mart and Tyson), potential for appreciation as Fayetteville has seen substantial growth, and lastly I know a few people who live there and love it.If anybody else is familiar with or in investing in the Springdale or Rogers areas, I would consider partnering and going in on a larger enterprise.

Maybe it's not about necessarily going Agency, but still obtaining better terms from a different lender, whether that be a bank or portfolio lender.

Once the loan funds, there's a simple process to obtain formal permission to put title back into the LLC.