This would be used as an alternative to the traditional wholesaler's assignment agreements.  

     For those that are interested in the rent by room model you may have heard the news.  Padsplit started up in Arizona at the beginning of 2023.
Co-living or rent by room is not new to Arizona.  Several investors ...

That said, you are far away and if you don't have any alternatives, then that's what you'll have to pay. 

Alternatively, if they are undervalued properties that need some TLC you could go that route and force the appreciation.Hope this helps!

Then once you have more experience if you want and your business has taken off and you have the 2 years of tax returns to then focus on the alternative forms of financing.

As a Realtor you might want to consider an alternative game plan.

value adds, flipping, alternate rent models such as STR, MTR, rent by room  can help with the return. 

Alternatively, DSCR ratios may not work out due to efforts to maximize the loan amount and avoid additional cash contributions. 

When you counter, or make a substitute offer after the seller says no to your original offer, all you're doing is telling the seller your first offer won't your real offer, so the seller will keep countering until the squeeze you to death.Make one offer, no counters, no alternates, and they either accept it or they don't. 

Explore alternative options like hard money loans (fast but high-interest), seeking private investors, or obtaining a business line of credit if your business generates income.