It is a value-add deal with a 2-10 year hold period.

. - 25 year term, at 10 year term the loan converts to a fully amortized payment with paying principal and interest to pay off the loan within a 15 year period.

There is a lock in period with them after I sign and before process starts.

Note that the most important number here is the 37% personal return on your own equity.That rate of return is 35% when adjusted for inflation and 28% better than investing in the stock market over the same period, but really... who cares? 

Periodically the county will auction off all the delinquent properties.

Maintaining a better budget does not change the fact that the current system favors underdevelopment and lengthy holding periods.

The written notice is based on the rent period. 

A - B - Cmoney goes from C to A with B pocketing difference.title goes from A to C with B holding temporary title ownership thus you are not brokering since you "owned" the property, albeit for a short time period. hope this helpsAlso dont forget to verify.

They ask for a longer closing period around 2-4 months.

With a shorter seasoning period with commercial loans or flips then they're doing even better.