I think the vast majority would do great just flipping 250k or less where all of your buyers are.

We see a completley new type of concept, which is vastly different from what has been built in the 60s.

How sufficient, secure, and stable is her income source?

Thank you.Yes I considered that these creative solutions would fall under the vast limitations that large banks must adhere to.

First the disclaimer: one turnkey property (or DIY rental) will not a sufficient income make.

There are a vast number of homes in any market area that need Rehab.

That is one of the main reasons to take that path so that you can vastly increase your equity immediately.Your "cons" of 1 BRRR is throwing me off. 

Hey Travis,You can buy another investment property right away using conventional financing assuming you have sufficient down payment, credit, and down payment/cash reserves to qualify for another property.You can use your rental income to help offset your monthly PITI.

The issue comes when you're LLC isn't established enough to have a decent and sufficient track record yet.   

It's two vastly different paths.