Hi Jennifer,Over one hundred years old, Wow.Think of all of the people who have lived there over the years, some may have ridden horses to work.It reminds me of a Movie Called True Grit about a Girl from old time Arkansas looking for revenge (one of my favorite cowboy movies): https://www.youtube.com/watch?

If it is a true vacation home purchase he will have access to some great programs that allow 89.99% financing on a second home.

@Noah McPherson it is true that there might be some limitation that a hard money lender might have if it's your first time.  

True...to a point.

@Wayne Brooks Sad but probably true.

Logic indicates that the courts only have so much capacity and if there is a run on evictions things will probably take longer.the other thing I find utterly amazing is when you read main stream media they make it sound like 20 to 30% of ALL landlords are suffering from non pays and such.When U read BP 97% of BP landlords claim better rental collection performance during covid than in normal times or no issues everyone is paying.. this could be a testament to the advanced landlord degree's that BP members generally have  IE experience and better management techniques to create these very good results compared to what the Media is saying. 

I've come across several that are taxed as single family home with an in-law suite; rather than a true multi-unit.

The guy who wrote Rich Dad Poor Dad (Robert Kiyosaki) is a shill and a huckster and nothing about how he said he got money was true.

Maybe try doing some intel to get a true picture of where you stand.

Key Findings:The concept of ‘passive cash flow’ has turned out not to be true.