Hello @Kevin Paulk and let me be the first to welcome you to BP.

@Tia PowellWelcome.Your profession should be the source of all the private money you will need.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

If it's in trust, might the person you seek be the beneficiary's successor?

PM me if you would like some more information about performing notes and include your email address.The NPN business can be incredibly lucrative or can be the worst business possible for a new investor.  

You can only accurately determine if the spore count is to high if you have a comparison to go off of, which would be the outside air. 

That's if the bank actually appraises your primary for $400k (my experience with HELOC appraisals are drive bye only and very conservative low values).You could get an investor loan, max LTV is 80% with rates about 1/2 to 1% more than national mortgage rates.I personally think that the interest rates would work out to be the same, with the investor residential loan being the only fixed rate loan.  

My loan would be the same but only 44k and around 5%.

My loan would be the same but only 44k and around 5%.

I heard Bill Murray's group is building a development near downtown Charleston using containers, a high rent area, which may be the sweet spot for this product, vs the country where folks can buy a brick ranch home for $50,000.One advantage I see is stack-ability: if you can get around 3-5 units high, that could offer nice benefits on tough/tight sites.  

The quality of the neighborhood and what's on the market will be the largest driving factors when the appraiser analyzes your home.