You should be able to beat the existing rate even. 

Sadly, it seems that cash flow on long term rentals with 20% down just does not exist in most desirable locations.

 @Sofia Komrskova The biggest selling point for me is access to the existing network of IMTR relocation specialists which would take years to build up on my own and I have had zero luck on BP getting any feedback specifically for relocation specialists. 

Exactly the reason to have an Architect on your team to join in on these conversations ESPECIALLY in existing renovations in older homes.

I would buy a deal that at least minimally cashflows (they exist) and then plan to refi in the 18-36 month window.

Just want to mention that sometimes it works out better to raze an existing property down to like 2 studs and rebuild around it so that it still is classified as a remodel versus a complete new build. 

Quote from @Jordan Kaylor: I'm new to real estate investing and have secured a HELOC on my existing home.  

Jason - First, we care about our users, which is why our policies exist. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Human nature is fallible and any business that exists out there is run by humans.