And then you could take your time shopping for long term financing once you own the property.

However, many lenders offer only the 7A, so you'll have to shop around.

Purchase price: $35,000 Cash invested: $15,000 Sale price: $80,000 3/2 SFR with shop sold in 2021.

Some need new furnaces, flooring, and paint.

Owners shop fees in the beginning, but once you're seasoned, you realize fees are usually about the same, and it's really process, procedure, culture, and communication that you're hiring. 

One just need some interior paint and refinish the hardwood floors and it was ready to rent.

If you ever want to talk shop around the Boise markert let us know!

However I did note that houses are mostly really old, e.g. 100 years or older... any idea if this poses challenges in things like lead paint presence, outdated wiring, rusty plumbing, etc., or have many of the homes already been updated?   

In the meantime, my broker is shopping for other carriers for umbrella policies. 

Paint, floors, fixtures. rents are about 1800-2k, going to list if for 2k once the rehab is done.  225k to buy. 25% down. 22k rehab.