I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

Given that you own the land outright, there is definitely an opportunity to make a deal work here.

@Farris Roach III we definitely can, and also if you dont mind me asking how did you become an account manager for a bank?

I wouldn't necessarily say that this shift is here to stay, but we definitely have to make some changes to our acquisition process to accommodate creative deals and novations.This shift is due to the saturation of the major markets, resulting in newcomers in the business offering too much for properties and not delivering on those promises, realtors promising too much for listings only to have them heavily decreased or canceled six months later, and the small increase in supply that we have experienced since the beginning of the year.But yes!

Hey everyone Lance McGee here first time investor looking into the rural areas of central and northern Michigan definitely could use all the guidance I can get my hands on 

If you had one, you would definitely have to use the property for the non-profit and would be constrained on timeline of sale.

Ideally, we'd like to do this so we can file for failure to pay rent against the tenant if it comes down to that, but we first want to make sure it's legal in our jurisdiction to do this. 

Thank your for your answer,  definitely agree with you.

I would greatly appreciate any tips, recommendations, or cautionary tales you can share based on your own experiences.Specifically, I'm interested in learning about different creative financing methods, potential pitfalls to watch out for, and any legal or financial considerations that I should be aware of before proceeding. 

Definitely can do it as a cashout refinance fix and flip loan for 12, 18 or 24 months and there are no prepayment penalties .