Because we bought the land under market, they appraised it for over double what we paid, thus satisfying the 20% down.

Never overpay compared to recent comps.

I have only dealt with financing for a small duplex and also trucks which is too small to compare to our current upcoming deal we want. 

Find out if the property is in a flood zone, what are the taxes compared to other adjacent neighborhoods, are there HOA, or other monthly or annual fee's. 

Alabama equals great cashflow compared to the Bay Area...and a little appreciation............nice work sir.

I recognize the ROI isn't super exciting compared to a lot of what's discussed here.PeterView report*This link comes directly from our calculators, based on information input by the member who posted.

If you take a copy of the liens to the Labor office downtown they will accept cashiers checks and give you paperwork showing it is satisfied while you wait.

I am currently basing the rents on the comparable local market with 2Bed1Ba with roughly the same sq footage . 

At the same time take a look at properties out of state and compare returns.

This is low as compared to SFH.