Very difficult and more expensive to get a HELOC on a rental.

@Daniel AfonsoThat is a difficult question to answer.

@Anthony Abruzzo while it is possible to remotely DIY manage, VERY difficult to do with zero experience.

Philadelphia has long been recognized as one of the most difficult cities to engage in business. 

It's a great question because it may be difficult to find these operators since they can't advertise their deals.I'm looking forward to seeing who comes up on your listThanks for the questionGino

I think that this quote comes to mind in reading your response here: "It is difficult to get a man to understand something, when his salary depends on his not understanding it." 

As a lender myself, ground up is particularly difficult to get done without direct experience under your belt. 

An example of that is my parents paying $10,000 for their first house in the 1960s, and their payment of $65 was really difficult for them.

@Omar Gutierrez  That's going to be difficult to find, especially on a loan amount so small. 

We currently use an insurance broker that covers while in rehab and then adds loss of rents later once applicable, but communication is difficult when there is a broker involved.