Being along the river, you may be downhill from existing sewer lines. was the original farmhouse on septic?

Technically you would need to adhere to the existing lease terms.Many tenants don't mind signing new lease agreements if you ask.

Also, @Brandon Sturgill, there exists a VA program called Veteran's Housing and Employment Assistance or VHEA - Google it.If you're on Facebook, search for Christopher LaFayelle.

It DEFINITELY DOES NOT REQUIRE a license, but that doesn't stop some states - OH, for instance - from regulating it as licensable.Brokers (and agents, where they still exist) do not put properties under any contract other than a listing agreement which temporary and renewable.

Or would having tenants in their existing property count as income rather than an expense?

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

I did tell him I would have to walk through the property  before making a offer  (for my exist strategy I was thinking wholesaling or sandwich lease option) any input would be helpful  thanks in advance. 

It's definitely a niche market and the market didn't exist prior to 2009.In only 2 scenarios have I ever bought a note from the bank on a specific property that I was in contact with the borrower prior to being direct to the bank.  

Here is California, if you form an LLC the State Franchise Tax board requires an annual $800 tax simply for existing, albeit if one is in business, one can expects expenses.

Because of the medical issues the existing tenant has, he cannot live with animals and that’s the reason he is on the property.