Just make sure you have all the required permits, including alcohol.

Bought 2 SFRs on the same lot that are zoned commercial (found on Crexi) for less than the price of a normal SFR because of the value add required (like kitchens and full baths, lol), but should BRRRR nicely based on the LTR and STR projections. 

They were seeking secondary homes for their family that could be rented to help offset costs and didn't require an immediate or transferrable permit.

Please, no solicitations.Use the renovation/acquisition loan products that require 10% down on the purchase and you should be able to get a few going at a time.

It gives them a reinvestment option to complete the exchange and doesn't require active management.

I’m trying to keep things moving, but this $20K requirement is throwing a wrench in my plans.

I recently joined the forum and would like to quickly list my requirements without much ado.1.

Also, in order to get financing the lender wouldn’t allow SCI to dramatically overpay or they wouldn’t meet the debt service requirements.

That 2nd requirement is  what makes it close to basically impossible with a W2 job.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?