@Oz Radiano US banks are notoriously difficult on this issue due to regulations requiring that you appear in person to open the account.

Before finalizing any deal, not only will you need to make sure that the NOI is accurate but that the assumed cap rate makes sense for the market.

Condo-Hotels also go on a daily rate, and therefore charge more, and have the potential to make you more money.Condo-Hotels are also difficult to finance, so be ready for a large downpayment for a portfolio loan, but you can get favorable terms buying it as a 2nd home.

Wooded and spacious, just a little far out, but only 10 minutes from the interstate.Sales price is 600k9 units rent average $900Expenses are just lawn water taxes insurance 15000Gross income 97200NOI 82200The cap rate of 14 works but is valued at 66k per unit.

Villages can be more difficult. 

Not really difficult, but you need to be careful and informed.Kingdom Trust is a good custodian. 

With all useable land and fertile land(With the exception of Grand Oaks which cannot be cut down; which may serve as an attractive part about the "Community" if several homes were to be built on the subdivisions),  2 water wells, 2-inch water meter and all the utilities; how difficult would it be to find a developer to pick this up, have the deal assigned to, pay closing costs, and pay in cash?

Is it difficult going threw a 203K. 

We weren't really planning on doing a BRRRR deal for this because we are very new to real estate investing (this is our first one) and it has been difficult to find comps.

-I have access to a below market variable rate (currently at floor of 2.75%; cap is 10%) loan that only requires 10% down through my employer for a purchase of a new residence.I'm trying to plan out the best financial moves going forward.