Private lenders generally have fewer restrictions, a faster process, and can structure loans based on the property’s value rather than just personal income. 

The next part is to get a contractor(s) in the door to give you estimates on rehabbing the rest of the place to get it to rent out.

Looking great! 

There's a lot of equity here I can tap into, but I just need help with the options.Thanks for the help!

If you need more guidance, DM me, and I’ll point you in the right direction!

And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear  but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML  private people  usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..

The entirety of these cities aren't just comprised of cheap run down properties. 

Followed Energy credit.  

When we bought it, we made sure there were no leasing restrictions in the HOA rules.Now, we’re are notified that the neighborhood is pushing for new leasing restrictions, and it’s not just about Airbnb—it seems like they’re trying to limit long-term rentals as well.

@Mayur ChaudhariI agree with the other advice.