Yes, make sure you understand what a "private lender" is, the term is really misused.Be aware, Arkansas has usury laws, it was 10%, so check and stay away from loan sharks. 

The girl is already like $1000 invested in what she owes for the inspections & having my septic tank pumped out plus she went by the closing date & gave her notice to her apartment people & things changed then she was homeless.

For me when the market tanks I am out and for that reason I am better off with income products which includes RE. 

On the thought of appreciation, you should be looking to hold longer than 2 years, with transfer taxes/commissions/etc you won't be sitting pretty unless the market tanks tomorrow and rebounds that quick.  

You mentioned you wanted to get away from StreetEasy and Property Shark.

Where is the septic tank located?

Homes with Underground tanks (in use or not)2.

your in for a fun ride on this one.. however the purchase price reflects..my question would be Sewer and Water ... is this all metered city utls or is it septic tanks and leach fields and well water.In our state any well with over 3 users and you need to start a water company and be regulated by DEQ  semi arduous task.. same with shared sewer.hopefully your on city utls.. and its moot.but other wise good luck I suspect you will have to do forced evictions..

RRHey Ralph,I am not sure exactly how much will I get and I am not sure exactly how much is the unit is worth since it jumps and then tanks. 

I have been trying to network with local REI (that has been the most unproductive swim with sharks I have ever been exposed to) and looking for others that HAVE used legit lenders that could make recommendations.