The home is in brutal condition, and wouldn't pass inspection to be listed on the market.

I am familiar with the area, and the house is in good condition from what I can see.

E.g real estate loans are given at an interest rate of 20 to 25% for a tenure of max 10yrs and many other conditions attached.Now my question is which states in US , UK  , austrailia Etc, has a similar pattern with Nigeria or Uae market.

The house is a 1,300 sqft 3/2 home in pretty good condition. 

There is a clause about the tenant's maintenance responsibilities that says the tenant will keep the premises clean, sanitary and in good condition.

However it would depend on the conditions too.

I would get the new rental property in great condition and live in my personal property in less than great condition until I could afford to spend money on it.  

We did your standard inspections and all professionals that came by agreed that the home was in fantastic condition.

All are in good condition, rehabbed (fully gutted) about 3-5 years ago.This would be my first deal getting into rental investing in US.  

E.g real estate loans are given at an interest rate of 20 to 25% for a tenure of max 10yrs and many other conditions attached.Now my question is which states in US , UK  , austrailia Etc, has a similar pattern with Nigeria or Uae market.