Or even possible refinancing into a true 30 year fixed at a very low rate and favorable government agency terms.I use a title company and their lawyer for a professional standard docs and closing on owner financing--gets all the recording and escrow set up clearly and properly.

Much of mowing costs are mobilization so mowing a small yard is nearly the same cost as mowing a large yard, especially if there are obstacles. 

The lady with the agency didn't even know if they smoke or not, so we've got a few things to get straightened out first. 

I have two 50 x 100 lots I want to turn into mobile home lots and rent out the lots.  

Basically as a potential renter if you want to see a property you show up to the house and either by inputting some information on your mobile device or by calling someone ahead of time they will give you the code to the key box.

I have been looking at some of the mobile homes along the beach in Encinitas, and condos in Mission Beach area, wondering if I could use them as VRs. 

The home equity loan is simply converted to a commercial loan amortized over 20 years.The advantage to a HEL is that the credit agencies may view your heloc as a maxed out credit card and it may affect your credit score.

Which neighborhoods should I focus on if I wanted to pursue more traditional middle class or upwardly mobile renters?

However, there may be agency issues involved as if he complained later that he thought you were establishing an agency with him by telling you he only wanted $50,000 and  you could keep anything above that.  

90% won't happen from a local or regional bank. 75%, sure.Someone already mentioned that Fannie/Freddie agency loans can go up to 80%, but there are a couple of requirements to hit:- Net worth equal or greater than the loan value.- 9+ months of liquid reserves to cover loan payments.If you don't qualify for agency, or the loan amount is less than $1M, expect 70-75% LTV, 20-25 yr amortization from local banks.