My current property management company doesn’t offer this service, and the only company I know of is very hard to communicate with.

For property management, choose a company with a good track record in STRs and transparent fees.Happy to connect with anyone looking to share insights!

Here in the USA you need what's called a "construction loan" and it's also very hard to find a company that will insure you if you're a newbie.

We’re fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.

That way, her limited funds can go toward her own living expenses. 

In the "industry", you would use an "Acquisition/Rehab" loan that allows you to use part of the loan to apply to the purchase of the property and you'll have some loan funds left over to use for the rehab.

Start small, build a reserve fund, and work with local experts to ensure your first investment is a solid one.Good luck!

- Agents and title companies I work with always expect EM to be delivered within 24 hrs of opening escrow.

Instead, all the money from Subto goes to a company called New Reach. 

With an SDIRA, you can use tax-advantaged funds to purchase property, and any income or gains from the investment grow tax-deferred (or tax-free with a Roth SDIRA).