Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.

The lease should have a provision that requires the T to comply with HOA rules.

I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.

We will always require at minimum 10% of a down payment for a purchase.

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

LLCs tend to be beneficial for financing options if using hard money as it can be required depending on the program.

A BRRRR could maximize returns by recycling capital, but it requires solid execution.

You could also use a Fannie May Home style renovation loan which a conventional loan and require 5% down vs.

Also your permitting process, type or land, grade of land, if underpinning is required will all play a factor into your cost. 

I am looking forward to states requires all wholesalers to get their license, so that way I can get licensed and then I don't have to try to partner and jv with non serious wholesalers anymore.