Streamlined Financing: By using multiple properties as collateral, borrowers can consolidate loans and simplify their financing arrangements, making it easier to manage payments.4.

That is a great benefit of that arrangement, but you didn't mention that the downside is assymetrically shared by the property owner.

This gives you the benefits of ownership without the hassles of “landlording” or playing general contractor—in my opinion, it’s a more feasible arrangement if you’re looking to live in one state and own in another.The initial outlay can be pretty reasonable as well.

What is your arrangement with your service provider

I'll be looking into other arrangements.

BUT, in finance, in mortgage brokerage arrangements, "investor" means your own money, not your uncle's money, not your buddies money, not borrowed money, your money.

@Ben Dao,The way around that is to arrange to have your paycheck direct deposited into your line of credit.

Check your buyer rep agreement for how that's arranged. 

You may even want to arrange it in such a way that it's a JV between you and that investor2.

If you want to see it pre rehab, we may be able to arrange something for Dec 1 (it is in Pt Loma near OB).I get a lot of off market property listings sent to me.