That essentially means that you cannot use an SBA loan to purchase income property assuming all else is above board. 

If you’re wanting to syndicate or something else I can’t help with that.

Any tips on what else should be added?

Or, is it more like a balloon where once the original maturity date hits, or the NPER with the UPB only, will everything else come due? 

I turn them over to a mortgage broker I have and he either gets them financed or someone else does or they don't get financed.Well I think there might be a solid demand for private lenders interested in these mortgages and other lending opps I come across daily.

You hear of people doing deals without actually seeing the houses... its true, and that is the system I would strive to create.I would much rather have 5 $5,000 transactions per month, then 1 $25,000 especially if I could automate 90% of it... and this is coming from someone who has done more rehab (fix and flip) deals then anything else.

Am I legally able to take a conditional nonrefundable deposit from a section 8 tenant to prevent her from renting some place else other then mine during/after her end part of section 8 paperwork processing stage (provided she will get the final approval by section 8 that is; she told me she has been a section 8 tenant for years and she’s just being transfer from one city to another; she verbally agreed that she‘ll rent my place)?

We negotiated with him a bit and he took $15,000 that he said we still owed him (questionable) off our bill and told us it would take about that to complete the project and to get someone else to do it -- maybe even his subcontractors.

At the same time, renting always puts money into someone else's pocket.

So, if the mid to top of your neighborhood is 215, then yearly increases go to roughly 225 in year 1 and then 237 in year 2.You didn't give any rent amount or rent credit amount so I will make it up.IF you set a TB purchase price of 237 and deduct the 189 you currently owe (that will be less because of 2 years mortgage payments... paid by someone else!)