The maximum credit will be limited to $5,000 a year.

@Chris Mason would be your best bet in LA. 

Regarding inspections, there was a law change at the state level limiting inspections by municipalities. so yea this is pretty normal.  

But I have credit cards with $30k limits at 4% annual interest rates and investment funds in the stock market should I need an emergency fund. 

If a big expense comes into play, I have two credit cards that are $30k limit each with only 4% Annual interest rate (active duty military).

Of course its not that there's NO ONE around but it definitely feels limited. :/ Anyone in the area feel otherwise?

I'm thinking they just hold the loan, but they also hold the deed until final payment so I don't know what legal limits they could impose on us.Feel free to tell me if I'm overthinking this part!

Yes, I agree with the SF comment, for me they are asking way far from what what is really worth perhaps betting on the potential of the lot (huge patio around the house) that easily accomodate an extra room extension for example.

When shopping rates it is always your best bet to go with a solid broker

If your time is limited or you prefer that someone more experienced takes care of the investments for you, then syndications is a good option to consider.Best of luck!