I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.

I'm wondering if anyone has experience with VA loans and the 1 year residency requirement before you can use the home as a rental. 

This experience emphasiz What made you interested in investing in this type of deal?

Outdoor fenced space and smart home tech is expected in most BFR.Maintenance experience is the number one reason tenants leave BFR.BFR tenants are stickier than multifamily.Leverage lessons learned from BTR pioneers.Prospect pool For BFR overlaps multi and scatter sites.BTR residents often want less onsite people presence.

I would appreciate and update about your experience.

Most courses a really only designed for people who have zero education or experience in real estate.

If you follow supply /demand closely, you can experience both!

Gas station employees, mechanics, landscapers, and many others work in close proximity to petroleum products on a daily basis for decades and they don't experience health issues as long as they observe basic safety measures like washing their hands.

Also, does anyone have experience in the Nashville market for MTR's?

Let me tell you a story about a property tour that taught me some important lessons. I was a newcomer to the real estate industry and was still establishing my footing. 👀We stumbled on a property being sold directly b...