I'd love to chat more to get a better idea of what you are looking for (type of neighborhood, assets available, timeline, desired return..) as well as what why you are investing (buy/hold short or long term or rehab/flip).  

@Kyle Leinhart, @Brent Coombs, yup, if you get the right type of insurance (a high deductible, named perils fire policy) you can get insurance for that amount (quote in hand) in this area.For clarification, I meant maintenance/repairs would be 2% of the property value ($980), not 2% of rent ($264).

That's the type of real estate investing I have decided to pursue, I understand there are others and that I should not rule anything out but one thing I have learned in my career is, if you focus on one particular thing, you become and expert at it. p.s. sorry in advance if my introduction is wordy.

If you are buying more of a mom and pop type property there are only a handful of brokers or agents that will touch that.

My concerns with leasing would specifically be between property owners who already have tenants in place (And i'm mostly worried about HUD type rentals) which then would require the current lease be terminated, me to come in as new lessee, then to re-lease to the current tenant as a new sublease.

This is exactly how you will learn the step by step of the type of investing you want to be a part of.

Does anyone have an idea if it is possible with this type of bungalow house?

What sources do people have to find these types of lenders?

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Your map view should give you a real good idea of the areas you should be targeting and the types of houses they're buying.