We'd buy cash, rehab, refi and pay them back. 

Lender overlays - Some lenders will only write loans up to 70% for "risk" reasons and decrease the likelihood they would have to buy the loan back from fannie or freddie.3.

My goal is to own some land so we have somewhere to come back to (my wife and I currently are nomadic) and also potentially short term rentals while away (rent to other RVers who need a spot).now my question: Would it be best to pay this for cash outright as 1 of our first investments?

For this to work, there needs to be good amount of equity to justify taking two loans / paying IO for 3 months & you need to make sure the property will qualify for the 30Y loan on the back end.

I have seen to many people try to do taxes themselves and then we have to go back 3 years and amend the returns because the taxpayer either is exposing themselves to audit risk or missed out on a great deduction that would have resulted in a larger refund 

@Patrick Chafe You need to sit back and objectively think why does it make sense to hold property.

Preparing for a move back to Vermont,& wondering what investor game is like there.

I don't want to spend all my cash making repairs to the property unless I can get it back short term.

(If the house comes back a mess after inspections I'm pulling out as I have 0 contracting experience and don't want to pay for anything crazy)Here are the numbers I ran (calculated at a 3% value appreciation per year, and 3% rent increase a year)I found a great PM who I trust, she's 10% a month (Is that standard?)

The lot back up to a very. large pond behind it, and a forest.