You have to careful in screening making sure you are trying to rent to the right person if you are waiting for a perfect tenant you may stay empty for a long time so you have to know what is the best tenant in that area for that apartment, it might section 8, or some other program recipient. # 2 the people in these neighborhoods Are generally low income, so they will fight about damages cause they don’t have the money to fix it, # even if you screen you still can end up with a bad tenants boyfriend or girlfriend who is crazy or sells drugs And say they don’t live there but is always there.

Here's the general outline for them:Renovation loan programs can finance the purchase and renovation of a home in one loan.

Depending on the program, pre payment penalty may get triggered if you make additional principal payments within the PPP time period.

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.Some foreign national loan programs will assign a 680 credit score to the loan since foreign credit won't be considered for this loan program. 2.

I don't know what program you would call to tap these funds but your local housing authority might be a start.

fyi - financing an AFH is not as  easy as financing a " regular " investment  property  .....commerical or   special  ADH  loan program  will be needed and   terms will be  higher  

It may not be the Smokys, but these get repeated guests every year, and most people only go to the "destination" tourist cities once in their lives.

@Enrique MendezTo reduce mortgage payments, consider FHA, VA, USDA, house hacking, conventional loans, seller financing, lease options, partnerships, down payment assistance programs, creative financing, and DSCR loans.

Hi - Thoroughly would recommend JWB's lending programs - actively been involved for the last 10 years. 

I am all for it though in tourist recreation areas for sure ..