@Anand Acharya This is definitely a unique situation to be in haha.

Designers offer unique perspectives for home buyers; they don’t let cosmetic issues overshadow the things you can’t easily change like the bones, functionality and location,”.

Also, have you been able to find a lender that will lend on such a unique property? 

@Jake AkersYou created another thread about 506c so I am not sure if you are looking to create a fund / syndication.There are unique tax laws as they pertain to entities / partnerships / syndications.

Then consider that beachfront vs non-beachfront are also unique.

I personally think this can serve as a unique saleable point and attract more buyers increase demand and drive up the price even more.I will appreciate if someone can confirm if this will be a step in the right direction.Thanks

I've never used annual rate of return with rental property loans....so this must be a unique loan product you're looking at.

@Osei K Boakye- no not necaasrily ...there might be unique negative factors that  are  trigerring people to  sell  at an above average pace  ....this wouldnt be a hot market   (eg  I am  hearing this  regarding a lot of the older  condos on the  coast of S  FL )

Being prior service myself I can say you have some advantages that are unique to vets and you should definitely pursue them. 

It's a unique opportunity to be able to get seller financing, so I'd take it if I were you and save the FHA loan for a potential next investment after you gain some learnings and experience from this one.