@Brian Rocha It’s clear why most lenders insist on including rehab funds in the loan, and all of our partner banks follow this practice for fix-and-flip loans to minimize risk and meet securitization standards.

For properties under $300K, you can definitely find okay options in these areas.

Tony,Do you have any properties that do not have a PPP?

You may be better off with a higher rate and the flexibility to access the equity in that property to grow your business or even bail you out of a jam.

Had the proceeds from my previous sold property.

There is a reason why I buy properties that cost a multiple of what typical cheap rental properties are going for.

Conventional guidelines occupancy requirements are that you’re able to occupy the property for some portion of the year, during the first year.

I’m a high income W2 earner getting hosed on taxes (currently own 5 properties).

I want to get control of the properties, remodel and furnish, while protecting this investment.  

You'll want a PMC that will check on the property monthly or even weekly, to keep the college students obeying the rules.This management may cost a bit more, but is well worth it!