I was thinking of maybe doing a re-fi once the renos are done, since the buyer is willing to live in it during reno's.Thoughts?

A re-fi on an existing house would provide the money to purchase it free and clear. 

Wi-Fi (the SSID and code goes in the info document).  

About 6 months ago, I came across BP and FI and I haven’t stopped learning about real estate investing since then.

@Aaron F. I

We are super excited, and looking forward to meeting like minded people who are actively doing real estate and pursuing FI.

I don’t have experience doing it but it seems like it could be a good strategy for markets that are tough to cash flow .What some in L.A are doing is partnering with landlords rather than buying the units .Here is an article if you are interested https://www.latimes.com/business/la-fi-corporate-housing-rent-control-20190610-story.html

@Brit F. I

Use grounded three prong surge protectors; Extension cords, plug adaptors and halogen lamps/bulbs are prohibited.Use microwaves, crockpots, toaster ovens, coffee pots, hot plates and other cooking equipment ONLY in the kitchen and not in the bedrooms or sleeping areas.Not permit the use of the laundry machines for any person that is not a Tenant.Shall not bring bicycles into the interior of the Premises (other than the basement).Tenant shall not hold, conduct or throw any large parties in the Premises.Replace batteries in smoke and carbon monoxide detectors alarms, a smoke alarm or carbon monoxide detector without a working battery will result in a fifty-dollar ($50) penalty for each infraction.Change out any broken or defective lightbulbsAllow Landlord to use Wi-Fi (if applicable) and electric to power smart home devices (if applicable) i.e. smart locks and thermostats.

How long did it take to complete the rehab and what type of financing did you find for the re-fi?