It sounds like a niche lender could pick this up and run with it if you are willing to pay a bit more premium for the higher interest rate, which in the end will save you time.  

I started to put together my taxes and ran into a few questions. 1) During closing I paid an FHA premium up front is this deductible in the current year?

info on prop:+size: 10,000-10,887(highest)+lot premiums: $250-9000(highest)+1/4th to 1/3 acre lots +16 floor plans to choose from+builder allows sweat equity +2-10 builder warrantyIf anyone has gone this route or has any Good/Bad experience,i would love to hear what you have to say. thank you fellow BP Members.

*edit*...double post

But this works well for those who need options other then traditional mortgage.It works well for me, because I prefer not being a landlord myself and can get premium value on the properties I sell.  

I have the 3rd edition (ISBN: 9780874201635).

Hard money is simple, can close quick and lots of less red tape, but comes at an extreme premium in rates.

So they can be really problematic in shifting markets.Also, your county may assess land separately from improvements and may have premiums placed on commercial properties which sometimes include rentals, etc.So they shouldn't be relied on, but can have the chance of being pretty close.They can be particularly useful when filtering large volumes of properties quickly (for tax lien sales, for instance).

There is a premium that we are able to charge for tenant/buyers that are in our rent to own properties. 

They absorb the risk but will charge a premium for the money.