but the ones in OK neighborhoods need MAJOR, major rehabs to be safe and high quality - think another 50-100K on top of the purchase. 

I’d also look at local amenities, school districts (if targeting families), and proximity to major employers or transportation hubs.

Investment product marketers who claim to be GPs, GPs who claim “ownership”, insurance salesman who claim to be “financial advisors”, people who attended an executive training program claiming to have an MBA, what ever happened to honesty?  

They have very professional products, usually for less than $10 and with instructions on how to use the product.

But like you all I have seen it done with other lenders.On the sale lease back Chris describes thats how i do the vast majority of my deals.

Also, from what I read in Bloomberg, midterm rentals near major hospitals can sometime command a decent premium.. especially if they include some nice furnishings.Little Tweaks Count: Even minor upgrades, like new door locks or a fresh coat of paint, can help you justify a stronger rent.Driving for Dollars & Networking..

Since I was only filing on major things like underground utilities, fires, etc.

This company was big name, in business for decades, nationwide product, BBB rated, every contractor who uses the product needs to be licensed with the manufacturer so we figured we we would be okay with 1/2 down, 1/2 at completion. 

When you look at a property make a list of all major capital expenditures roof hvac etc.

Has some major flaws.