These are non-institutional lenders and don't sell their loans to Fannie Mae's deep pockets or have access to the Federal Funds Window.To maximize return, the name of the game is to be continually loaned out.

Originally posted by @Hugh Ayles:I imagine it is hard to re purpose a church for a different use.Churches are funded by donations so finding a new buyer could be tricky as well.There is a very popular restaurant in NH called the Holy Grail.

I thought the mullet was a better comparison - it's a discretionary choice and lifestyle decision that was popular for ~10-12 years.  

My googling suggested there might be the case after 10 years and does that also hold true for other liens state/ federal?

Also without knowing your experience and financing abilities expect a lender to not want to fund all of the construction at once because of an area where new construction isn't super popular. 

I'm sorry if this is in the wrong forum, I couldn't find a category that fits so I figured I would post in the most popular one.I have a property under contract that I want to use as a rental.

It's a popular commuter area for Orlando.

I comply with the Federal Government's rules as to possible lead, with the booklets, etc.  

Two baltimores exist, one is what you might call "good"...aka roland park, hampden, remington, federal hill, and a few other places.

I'll let you know what she says.In general, condos have increased in popularity because of the high cost of homes.