All retail sales are subject to negotiation with the Listing Agent required to transmit all offers.

The loan would be totally qualified based on FICO and DSCR (subject property's cash flow). 

I have done my research but cannot find anything that outlines this besides all STR's require an approved permit by the town.

I even found a solid lender that does an unlimited number of 30 year, fixed rate loans.The idea of creating deals through seller financing, subject 2, and other ways does appeal to me, though :)

Because if he doesn't, everything and everyone involved is illegal and subject to issues down the road.....

-Interest Rate Adjustment: The interest rate payable on this Note will be subject to adjustment from time to time in the event "lender" deems it necessary or prudent.The above terms are not all inclusive and any final commitment and documentation would include other such conditions that are customary for similar transactions.

Jody Sperling, my name is Raymond Latham and I'm just starting out as an investor, I just posted a question about this very subject and my question was, should I funnel my cash flow to a Roth IRA.....

as @Justin Polston already mentioned I would see if they owner is open to a seller finance/subject to deal with a 10% down payment and see if he would be willing to give you guys terms and then do a balloon payment in 3-5 years once you've had time to stabilized the property and refinance.

@Luis Garcia Neighborhood class are somewhat subjective, but below is a BiggerPockets article on the classes from one author:https://www.biggerpockets.com/...

I read books on the subject.