In order for this owner to be in a position to do owner financing on a $1,000,000.00 property it means he is a fat cat with allot of experience who will take 10 to 20 new investors just like you and eat you for breakfast. 

We thought these were old rat dropping dating back since the 70s, until we discovered two fat rats that were still alive and well.

Now that they are completed the buyers are unable to get permanent financing because the banks don't want to touch them.

I hate paying $10 a cylinder to rekey, but it's better than a tenant permanently locked out of a unit with only one door.  

You can't take an education back from someone, so making it permanent debt was the solution to facilitate lending at reasonable rates.I see your point about some degrees being more practical than others, but I can only imagine the outcry if banks were allowed to pick "winners and losers" among career choices.The bigger factor here is something you address almost weekly in your podcast.

If so you should be able to talk to a lender that has experience with construction-to-permanent financing. 

Now that we're back Stateside permanently, we wanted to start doing our own R/M, most specifically the heavy work between tenants as this seems to be the most costly time suck of the entire operation. 

I would not buy property in a country I dont have a permanent right to live in.

People always plan to leave Vegas and "go home" or somewhere else, but the large number of extremely well paid jobs that have very low education or skill requirements tend to make these "transient" workers more semi-permanent.

This is most commonly known as a Permanent Change of Station (PCS).