Just because you can, doesn't mean you should".Guarantees, deposits, and pinky swears aren't designed as profit centers.

I would form a relationship with a flipper who was comfortable with owner-financing and don't worry about the bank at this point (if you decide of the LLC/Corp).Why a flipper?

Regardless of what I had I felt more comfortable in the construction business.  

What is the minimum and maximum size of loan that is most comfortable for your institution?

That same year that I got the degree, in 1980, I got a broker license.Regardless of what I had I felt more comfortable in the construction business.  

I'm a marketer/graphic designer and eventually want to flip and stage.

If I do my math correctly, $40,000 is the maximum amount I would feel comfortable at for myself and any investor.  

Hopefully you can get an alternative design with a similar concept to fit your needs.

I have my eye on one but don't feel comfortable pulling the trigger just yet.My investment goals:- Have enough cash flow from rentals to work on my own terms, and not report to an office for 40 hours a week.- Provide an excellent education for my young daughter.- Establish a mastermind group in Hampton Roads with other beginning investors to share ideas.- Donate 10% of my investment proceeds to educating young people about computers and technology (I really want to get Raspberry Pi computers in local schools).I look forward to hearing from you all!  

If you can get a net of $100+ a unit using all the math the above guys suggested- and are comfortable that 80% vacancy rate covers your nut- In my mind there is no reason not to go for it  especially if there is an upside on raising rents when you have to do a rent ready.