City road ends at park entrance.Considering the land price, infrastructure setup cost each lot cost was coming around $7300 which was very attractive even though most of the houses on them were old and needed good repairs.All other lots except the 59 were in considerable good condition and our due diligence showed that whole park value is going down due to these 59 lots mismanagement for 40 years.As per owner rent collections were around $7200 per month and most of the tenants were very long term (average rent $400 per home) which he receives in cash so bank rolls available to validate.As per our estimate, each house needed 7k to 8k repair to make it livable.Negatives:These homes/lots were owned by same owner for 40 years and he neglected everything which includes tenant quality, infrastructure (such as overgrown trees, bad homes still in the park which should have been removed years back, 3ft- 4ft potholes on the road since its privately owned).Most of the tenants were convicted or had some big felony, these houses were famous for drugs cartels in whole city.After buying we realized things were way worse than what we assumed in due diligence:People staying there actually were involved in gang wars, prostitution, drugs etc.

Alternative investment management (crypto / syndications /etc) Any recommendations are appreciated!

@Kyle Daniels I know Jeff Basler with SLS Financial has several options for investors that may be alittle more attractive than typical hard money loans, and he has been developing some longer term/portfolio products too.

Which just means you are showing your ability to repay the loan in alternative ways.

With that in mind, my alternatives seem to be FHA, find a partner, or just save until I feel I'm in a comfortable range to afford the DP. 

I'm a tech founder, turned passive investor.After investing in 30+ syndications and PE funds (as an LP) over the past 7 years, my co-founder and I decided to build a startup to solve our own issues managing wealth (specifically our alternative investments). 

Remember, the people in the area represent the types of renters you will attract.

It doesn't appear hard money loans are appropriate for my strategy but then again I'm just beginning so alternative lending is a very new concept to me.  

As I tell people, the hardest thing (in my experience) is finding attractive investment opportunities.  

Buying a house using an FHA will allow you to put only 3.5% down with a very attractive interest and no many limitations.HDFC will allow you to get properties for dirt cheap with a higher down payment and much more limitation.I'm looking to make the most profitable decision, what would you suggest?