I know I can reach out to some mortgage brokers to connect me with a private lender for most of the mortgage and then I would just need another lender to supply the down payment and renovation money.

For your existing primary, you will need to have it leased with the security deposit and first month's rent collected.

This includes, water, hot water, heat, air conditioning, cable, security system, snow removal, lawn care.

Quote from @Adam Bartomeo: Quote from @Jay Hinrichs: U also are fighting all the investor who flooded int to build new homes for rental purposes so OVER supply.. and we know a ton of those got stuck with bad builders and are being worked out so supply is going to keep coming in ..

Keep in mind that most residential mortgages are conforming loans that are resold on the secondary market and bundled into mortgage backed securities.

There's also the possibility of becoming the squeaky wheel by calling the police (*not* security) to report the matter.

Alternatively, there is a fairly limited supply of people needing laundromats, hence the reason you don't see them everywhere.  

What are the best practices for quickly securing reliable tenants and ensuring positive cash flow, especially for someone new to this?

This means that if not another house was put up for sale, in 6 months, the market center would run out of houses to sell.In August of 2024, Greenville had 3.8 months of supply.

This low inventory will continue to pressure up rents.The sales market remains hot.Sales - Months of SupplyThere are about 1.5 months of supply for our target property profile.