That is not to say that they will not pay a claim or will be dishonest.

Just be ready for the lender to order a foundation inspection report and appraisal - both you pay out of pocket. 

I don't know the detail as far as the tenant paying rent or not, if there's a lease contract etc.What questions should be asked before buying this investment opportunity?

Right now the Fed says, "We'll pay you 5% to just let your money sit in the bank."  

Know your comps really well to make sure you are not over paying.

Or did you pay cash like Dave?

(If you are going to do this right I would say $5K a month and look into incoming lead sources like facebook and google pay per click.)Good Investing...

Seller pays per dium ( to the day that you close through settlement).

When you build from the ground up in todays market you are paying top dollar for materials, builder costs, land lots, rates, etc.Log cabins can be tough because most appraisers will only use other log cabins on an appraisal to support value.

I'm paying nearly 90k?