@Jeff Sprunger - Yeah, I've noticed tenants over here tend to be very clean (as long as they don't hoard!) 

It has been my experience, however, that the underwriters tend to low-ball that 75% figure.

So when the purchase price is on the lower end, the percentage tends to be higher because there are fixed costs involved.

The problem with 95+ percent of those is that the math doesn't work.There are a lot of ways to approach BRRRRs.. for me, I tend to work the equation "backwards".  

And yet, most investors, big and small, individual to institutional, tend to only focus on one thing: the monthly management fee.

Staged homes tend to sell faster because they help buyers envision living there. 

i hate to say this, but i tend to agree with william p., there is nothing wrong with beautifying war-zone areas but just know that you have to be aware of the element that you will be surrounded by, keep the candle burning bright because you may have to spend a couple nights in the property to keep it from being rampaged, i haven't step into this arena, i prefer to go where the houses are selling, in neighborhoods that i know i wouldn't be afraid to live, but to each his own, if you can get a line of credit opened and then from there look into getting a mentor or someone who has done this before if you want to build your portfolio, it wont be easy but nothing is life worth anything is, do you duty and due diliegence and you should be alright, let me know if i can help keep posting but most of all keep sharing

We reach out to them when cost authorization is required, monthly with their statement, and are available to talk if they wish.We tend to drop client-owners who want to micromanage us.

Perhaps instead consider using private money, doing the reno as quickly as possible, and then using a DSCR or conventional refi to pay off the private money.I tend to agree with @Drew Sygit and @Nathan Gesner that tapping the equity of your primary, especially with something variable and unpredictable like a HELOC, is not a good idea, but with one exception.

Vernon will enact any in the future, but generally speaking properties outside of city limits tend to have less pressure to enact restrictions.It's always important to have multiple pivot options if your initial strategy dosen't work out.