They'll be bought by local members of the communities often to house their toys, be used as workshops, some people rent them out as storage, etc.  

After reviewing the cost to rehab and the area of town, I decided to Wholesale for a quick profit.Sold it on a Real Estate Contract (Owner Financing) with $100k down, the balance is financed at 10% for 13 months, then the loan is called.

It's just not a problem in our neck of the woods.

You have any understanding of the information presented?

Hello, I am a new member of the forum.A brief background is provided.

I'm hoping to help.Your question is the kind of question a stock investor asks. 

@Sudheer Kumar - we can help here but need to better understand the Refinance out of the loan assumption better.  

Hi,I'm wondering what the official term for this type of deal.

Tyler,I tell all of my Military Veterans when you close with me come back to us so we can offer a in house VA IRRRL.

Quote from @Emory Clayton: From what I can tell, and my personal experience, you will have to lower standards so the Section 8 applicants can qualify.I'm not a fan of Section 8 because they tend to be far more problematic than tenants that pay their own bills.