I work in Real estate and have broad experience helping expats and investors to find the best properties that suit their needs. 10 years ago, anything you could buy was a great investment, in terms of return, valuation, and resale opportunity. 

I appreciate the info.Matt Of Course Matt, Nice to see you're from Kitsap county, WA.The Sub2 & Refi strategy has been something I've been looking at as an investor and loan officer as well and this topic just happened to have come up.

For farm rural property loans, will be harder to come by if you want to get money out of your property, a good rule is to plan on keeping a land property for at least 10 years.If you goal is more cash flow related, you might want to look at buying single family, duplex, triplex or quadplex properties, these are the easiest properties to finance, and there are hundreds if not thousands of lenders in this space. 

If you want specific advice, things that would be important would be some background on the sponsor (years in business, portfolio size, you don't have to name names), where the property is (city), what it was bought for and when, how much was the loan and when does the loan mature, how much equity was raised, was there any preferred equity or multiple share classes, what is the occupancy, is the sponsor responsive to your communications and providing reports, and so on.

My name is Lane Tucker, and I'm a new Loan Officer based in Fargo, ND.

Give them a piece of the deal if they pay off the bad loan.

I am in the middle of renovating my first long term rental and I need new windows for the upstairs unit (it is a top bottom duplex).

Longer term older tenants who are constantly on time for the most part.

Using my VA home loan and renting out the other bedrooms I figured that would be the safest way to get started. 

My alternative would be a conventional loan with 20% down where my budget would be about 200k or 40k down.