Jeffrey Holst The first question is will these be owner occupied or you lending to non-owner occupiedIf owner occupied then you need to comply with Dodd-Frank.

A non-starter IMHO with an inexperienced investor.$120/ door fairly light imho - seek out at a minimum $200/ door.

If using a lender this is a non issue.

From what I have seen, the rates tend to be higher for non-owner occupied so this will hurt as well.

In this particular town, if there is some insane party, the police will sticker your house, and more issues follow after that.  

Good networking with other newbies like myself as well as those of various levels of experience, those with and without non-REI day jobs, those looking to buy, looking to sell, or just looking for solid info.  

The secondary market, non-traditional lenders, is huge if you know where the money is. 

I have heard yes and no and it is usually backed by licensed people and the non-licensed people generally say no. 

This property in particular was valued at 73,000 (land) + 37,723 (building), but was sold for $23,400 two years ago.

The particulars of that price was 3% buyers help from me.