I think my biggest fear is funding.

If the loan amount is higher than $1 mil, we can achieve a rate in the low 6s on a 5/6 ARM.

It is landlord-friendly and has a low barrier to entry.

On the one hand, floating rate loans are "normal" in this space.On the other hand, when rates are at a 50 year low ... where the heck do you think they are going to go?  

Thank you @Nicole Heasley Beitenman and @Bonnie Low!

I’d like to stick to good neighborhoods for now until I get more experience and funding.

If it's even decent $40K seems low.

Container homes would be low investment with high return and a passive income.

The Association will have to prove it has funds, or will have funds, to do the repairs when they are projected to be needed.

@Nelressa Faye I don't know if a Hard money lender could be sharia approved, but I do know that the University Bank of Michigan does traditional loans that are sharia approved.This is a good resource for Islamic funding.