You would have to be on title for 6 months to get financing.  

That hurts and is hard for an individual small single family owner to compete with.Most of the new apartment construction is ending now and as soon as those get leased up, I expect we'll be in better shape for rent increases maybe into the spring and summer.I'm suggesting to all my rental owners to do everything they can to keep the current tenants happy. 

For sale by owner and seller finance is completely different. buyer/tenants don’t always have bad credit.

Whereas custom homes are built for a particular owner/buyer who is involved with the design and build from the very beginning. 

Hey Chris, Are you able to deed the property into an entity and have yourself as majority owner?

I was thinking that if there were two parcels, you could seller finance the one that is tenant occupied.

But, I didn't need all $153,862, I only needed $24,225 to do so.When you are new, looking for lenders & considering Fix & Flip, BRRRR, or rental, as a buyer, learn to ask the owner/seller to be one of your private lenders with creative financing.

Run the numbers like a BRRRR, not like a flip.Your build cost + holding cost + financing needs to land you at 70–75 percent of ARV to make the refinance smooth.

There are times due to the area I am in that the owner would be better off doing a month-to-month lease and then when that property is ready to be sold it is better for the owner/buyer. 

Then repaint the outside with Sherman Williams Duration paint as it has hit 20 yrs since the previous owner painted it the paint is starting to bleach out due to the sun.