Usually a cash only deal.

Excess acreage, usually over 5 acres or what is common for homes in the area will be discounted or ignored as to value with Fannie/Freddie, VA, and FHA mortgages, USDA can take more land value, depends on the region, but my guess would be 20 acres.

I agree with Dooreuhn, it is usually better to make peace, if they want something fixed say you are working on it but will not if they are not current with the rent.

Feel free to contact me with any questions at Nine one too six 55 six six 33 or curtisb1968 at Gmail.com Also the local Real Estate Investor Alliance (REIA) meeting meets every second Monday of the month at 6:30pm usually at the Hilton Garden Inn in Midtown 5711 Abercorn St, Savannah, GA 31405. 

The interior paneling was usually a  3/16 inch photo finished veneer very light weight and the exterior siding was aluminum which was also very lightweight.

Usually no more than the allowed 43-45% back end ratio.

Do not try so hard and try not to expect negative things to happen.  

@Michael Newman,I use these sources:current T12 & rent roll (if available)comparable rents from broker's OM packagecomparable rents from neighboring properties (MLS, rentometer.com, umovefree.com, calling to the property)expenses provided by management companies that have similar properties under managementexpenses (ranges) from NAA survey - usually outdated but give a 10000 ft picture and helps establishing some baselines.

If its something unplanned or higher than expected, we can also use it as a negation tool.  

Of course, they do not say exactly how they did this but they usually say; "we/i with conventional loan after I used creative funding."