It depends on what that specific type is, how big the land is, and what the minimum size of land is required in that area.

@Charles PerkinsFor commerical real estate investment and to perhaps a lesser degree SFR investment, there are four primary required skill sets in my opinion:1.

Hoa is very high, off the water and maintenance is starting to increase.

I managed the properties myself, and was offered a job out of state that required long-term international travel. 

Non-Warrantable Condos: Non-warrantable condos don't meet the stringent requirements set by GSE Agencies.

@Bob Smith I couldn’t tell from the postings if you wanted a redone, rent ready property that should have little maintenance for years to come or if you wanted a new property with management in place?

These types of sales can be complex and require a different approach than traditional sales, and they often represent opportunities to buy below market value.5.

They tend to have higher DSCR ratio requirements than individualizing the properties.  

It looks like I am required to file an amendment after filing first. 

It will be tough to find a lender with that little down, but my bigger concern is those markets are higher maintenance markets and lower home values, which if you do not have a very nice cushion in reserves it can crush someone, so I would also make sure if you get a property that you have sufficient reserves to handle any cash crunch.