I would be amazed, shocked even, if a traditional financial institution was willing to lend on a non-habitable asset up to 80%. 

I’ve used public records in Texas to identify estates in transition.

Institutional lenders will look at your non/short employement as a negative. 

@joel, FHA will finance non owner occ??

Often times this data isn't made public so some calls have to be made, but for us it's an indication whether or not there's a trend of investments being made in an area. 

At first glance, it seems title just wants you to be a member-manager which hopefully is an OA modification (not public) that can be amended back later if you want to for whatever reason.  

If you can hop on a $100 non-stop flight, nbd.  

My best appreciating are over $10k/month of appreciation and similarly I suspect this beats virtually all other non-commercial (<5 units) residential RE in my market. 

Why do you believe cheap housing is in the best interest of the public?

We put $75K down to begin with and likely have $85-100K in equity ( depending on what non-scientific source you check since I haven't had a full appraisal done) on it.