HMLs are for those to whom conventional loans are not suitable.Most of our short term HM loans, for instance, are like a cold shower - you do what you need to do (usually purchase, often rehab and flip, or stabilize and refinance), exiting as soon as possible to minimize the loan carrying costs.For buy and holds that don't want to use conventional loan sources, after any rehab has been done (or in the first instance if no rehab) we often suggest our 30 year fixed, fully amortized loan.

The high carrying costs are compressing ROI further each month that passes (and likely driving it negative). 

Although a fair rent was collected, the property cash-flows in the negative due to the addition of the loan repayments on top of the regular carrying costs.

Fair rent was collected but the property cash-flows in the negative due to the addition of the loan repayments on top of the regular carrying costs.

Guns are not the problem.I have a neighbor (2 doors down from our multi-unit on 5 acres) who has an open air pistol range on his 4 acre lot & I know 2 of our tenants (& all of our kids) have Concealed Carry permits.

I know something like 40% of all homes do not carry any mortgage, so I have to think that it's possible.

And last major repairs.My realtor relayed to me that the seller is leaving the country and is willing to carry the loan, rents were low with long term tenants, one tenant could still remain but could move out as part of closing. 

I can't tell you how many times when I first started and I just looked like some 23yr old kid but people gave me a chance because of how I looked and more importantly how I carried myself.  

He was very happy to carry for me.  

Currently, we're unable to write off losses due to income, and have a significant capital loss carry forward.