https://www.biggerpockets.com/forums/521/topics/1218823-chic...Hey @Jonathan Klemm, thank you for your tips on how to get started!

Have the tenant pay for repairs and maintenance with future rent increases by using a line of credit.

You also don't need to send them if you paid with credit cards or via intermediaries like PayPal Business.

Yes it’s common to have an additional guarantor who has a balance sheet added as a credit enhancement.

When you first approach the homeowners about helping them out of their property, you'll want to let them know that you aren't going to save their mortgage you're just trying to give them a clean escape from having that defaulted mortgage on their credit.

We thought snapping receipt + sending invoice email directly to QBO was super attractive.However, we are finding QBO to be also cumbersome and pricey1) Personal credit card - If I mistakenly use personal CC, I have to manually create an entry (this happens quite often). 2) Pricey - $99/month is now really adding up.WE thought it would be a great early learning and investment to adopt QBO now as we scale (hopefully to MTR and LTR).

Some general tips in that same vein are to make your content likable, relatable and shareable.One technical piece of advice I'll pass along is that audio quality is more important than fancy video quality. 

How much do they make, credit score, rental history?

I had to call about 200 lenders (no exaggeration) to learn of 4 lenders who did this and I have some tips.

This new property is pumping out around a 10.5-11% cap currently.My credit score is not great as it sits, hovering around a 650 but slowly increasing as i'm paying off debt.