There should be lenders that can execute with 20% down as well.

Once they pay nonrefundable Holding Fee, we execute the lease.

Hi Folks, not sure if this thread is being monitored,  but I have a couple of single family homes in tulsa that i'm trying to rent out as a mid-term rentals (to traveling nurses etc).

And, as Nathan noted, you are likely giving up huge appreciation potential, which will likely never be replaced by cash flow.But at the end of the day, if you are in a declining market in LA and are able to find great deals in higher cash flow areas, taking into account the likelihood of needing to outsource everything and additional travel costs to visit the properties a couple times per year, and you don't really care about appreciation, then it could work for you.  

I also like to have my phone handy showing the final comp set pricing on the traveler view on Airbnb at the same time.I think starting out slow is good.

BR gets a decent amount of bookings from Floridians so gas prices and opened up air travel would be my immediate concern if you are looking for a cash flowing property now.  

@Luke Bricca Yesss...my heart is really in renovating and giving houses a new life (did that with my own house pretty much) but alas I live in the Bay Area so there is nothing I can afford here....or anywhere nearby really... plus a small kid (so travel is hard), so hard to travel frequently and supervise a contractor, etc. 

It is very difficult to execute as there are so many moving parts and people involved. if you do a few buy and holds first, test out contractors and slowly build your team you can prepare yourself to take on deals like this. 

After acquiring the property for $80,000 and putting $6,000 into renovations, we sold it just a month later for $135,000, demonstrating our effective strategy and quick execution.

I suspect the new title examiner has found something in the chain of title or the execution and notarization of your deed that makes them unwilling to rely on it to issue your buyer a policy without exception for the concern(s).