Any other assets that can be secured to a loan?

Hey BP, is it too much to request first and last month with a security deposit?

It is market specific and works in hot markets but not so well in regular markets.What are you trying to accomplish?

kind of the future of golf  its were golf meets bowling with adult beverages.. and have fund in 1 to 2 hours not 5 like regular golf. 

I do like your buy & hold strategy, but unless you really enjoy driving to tenants to collect rent every week, you should consider requiring your tenants to sign up for automatic withdrawal from a checking or savings account.Collecting rents in cash creates the opportunity for payment disputes, not to mention being a security risk and a huge inconvenience for you.If you're goal is to build a serious portfolio of properties, you'll need to resolve the rent payment issue sooner or later.

The seller is willing to owner finance on conditions a regular lender would not touch.

It's best for the seller and provides them more security.

If you do move forward with an offer I would also see if you can get the security deposit transferred to an escrow account held under an LLC you form for the property.

However, I am worried that the only way I can secure financing for any type of flip would be dependent upon the salary that my corporate job (which I am desperately trying to leave) provides me. 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.