@Yuri Weinbaum A promissory note can be a pretty simple document if that is all you need. 

As far as markets, I'm pretty open to C and above but am mostly intrigued by Norwood, Pleasant Ridge, and Madisonville.

I am pretty sure there are some foreign national investors doing real estate business in the U.S. while living overseas.

Pretty much standard windstorm insurance is about 5% so that would be about 20K. 

I've been investigating this deal and it looks to be a pretty good opportunity.

We fought our bank lender pretty hard and eventually the appraiser relented and didn't force the shared driveway easement.

The market is still pretty heavy sellers market.

It's relatively close to everything and is pretty much smack dab in the middle of the areas you've visited.Each area you mentioned has different features as I'm sure you noticed when visiting. 

Maybe it’s worth the asking price to you, which will make it pretty easy to buy!

We have a pretty large lot, .71 acre and are thinking about building a tiny/small house on the back side of our lot and renting our current house(3 bed 2 bath) either through airbnb or traditional tenants.