I have an option to purchase at an attractive price but would rather not bring cash to the transaction.

For instance, let's say you do the rehab and go to rent it...considering the relatively low value of the property, it's reasonable to expect that the tenants will have low or no credit, they may be unemployed or on income assistance, they may have minimal employment options, and/or they may have a very spotty history with prior rentals.

Additionally, alternatives like real estate crowdfunding or investing in RE mutual funds offer diverse options.

I am still in search of properties in the Fresno area and haven't found a decent option that aligns with my goals.

Wholesaler gets it under contract for $160K and has a 14 day option period (inspection period).

Personal home insurance won't be an option unless you are also spending time at the property.

-If you put the right dock configuration in you can also rent out a small power boat with the property. 

You can also google NC Standard Residential Lease and will find very similar options.

Lots of options to explore.

Most QSR restaurant concepts and others tenants desire 3/4 to 1 acre plus usable parcels these days. it gives them lots of options with designs and layouts to maximize sales per foot.