Based on my research on the property can the forum please provide some guidance.Basic Info:  Purchased at auction for for ~$5000.  

These typically do not require any personal credit checks and are directly based off the property in question.On top of the $10-15k as a down payment, do you have any capital to invest into the property? 

Our property management company is based in central Charlotte, about 30 minutes north.

Add estimated costs of new flooring, paint, drywall repair, and countertops using the quality of products expected in that neighborhood and double that estimate.  

To switch from the Electric trucks to petroleum based trucks.

Larger capex investments like new roof or windows can be scheduled based on your cash flow position but need to be addressed rather than just pushed off.

There is a big difference.Social Services to me means section 8 housing vouchers, food stamp existant, and other welfare benefits.Social Security (whether you agree with the program or not) is based on repayment of money you earned while working and supposedly placed into a trust for retirement.

.  :-) And after speaking with another lender, it's confirmed a log cabin based on the heat source and their lending guideline. 

If I'm off base here, let me know and perhaps I can look at this another way. 

A few quick notes based on some of the replies:1.