Quote from @Catherine Ding: My PM company is offering to do it for a high fee of $100/month so I'm trying to find alternative options.

We are trying to think of all our options for a rehab loan.

If you're still in college and working with an FHA loan, a duplex can be a solid option.

Feel free to DM me if you’d like to connect and discuss options further!

If you want to develop it, I can refer you a lender that will lend on a completed subject to appraisal but you'll be limited if you just want it for the lot.If you simply want the land as part of your property, you have more options including a HELOC which you can still use for development down the road. 

Choose the Right LocationProximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.Safety and Security: Research neighborhood crime rates and local security measures.Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.3.

If you're considering purchasing under a business name, consult a CPA or attorney for setup and financing options.

The advice I would give as a lender are these few options if you both are on mortgage.

Yes quite a few of our 5,000 options have rate and term or purchase!

.- With $100K, you have a lot of options.