(With safety gear on)

As long as it is not a safety hazard they can do it this way.  

Our model is we purchase and rehab with our own money or private money, then with a lease in place we refinance with a medium sized regional bank.

I've been through 4 PM's and they all have the same problems.1. the managers have WAY too many properties assigned to them so they are always in triage mode and the other stuff (like finding tenants, communicating with landlords, collecting rent, and everything else you pay them for) falls to the wayside. 2. most PM's have never owned a property. now, I know this is hard to ask for from all PM's but if you're a small investor like I am then I think it's imperative to have a PM on your side the really knows the market, and what's at stake. 

Right now I am experimenting with a network marketing type business model. I

I actually joined BP a little less than a year ago so I am not new to this site, but, this is the very first post I am posting, so, I am very glad to introduce myself here.I've recently quitted (finished my last day two days ago) my full time job in the heavy construction industry, which I had worked in for the past 10 years as a construction safety manager.

I'd ask him (/her/them) to appraise it as if he was being the eyes and ears of an FHA lender, because those standards are a little bit higher than fannie/freddie, and include health/safety issues.

There is safety in numbers when you own c class rental properties. 

Then you can either cash out refinance that equity bump to roll into the next deal (BRRRR) or let it ride with added safety and cash flow that you can put away for the next deal.

Wholesaling, like more established and regulated real estate brokerage model, is still working for tips.