Hi everyone,I just listed my flip, and I bought an alarm system, but the sheriffs office wants 2 referrals for people who can be there within 20 minutes of it being triggered. 

It is a portfolio deal for two properties and I am financing the properties separately in case I want (or need) to sell one before the term and so trigger a prepayment penalty. 

It prob wouldn't count as an additional unit as far as value goes but could work to help to pay the bills and may not trigger any red flags.

I have been researching turnkey SFR and landed at MIP in Memphis. All looks great so far but I also really love our Bigger Pockets community and getting some feedback an what you think or what your experience with MIP...

A bit harsh but I understand you mean well. 

I've been listening and learning for a while now but still a bit trigger shy. 

-you don’t have to pay interest on a large fixed sum of money until you find or are ready to pull the trigger on a deal-it allows you lock in some or all of the amount at a fixed rate so your protected against rising interest rates ( given the current market conditions I believe we will see a couple more increases from the Fed this year which will increase borrowing costs for any variable rate products)- See this attached article that does a good job of simplifying it https://www.investopedia.com/mortgage/heloc/fixed-rate-option/

I am jealous of that deal and I would pull the trigger, too.

I have a couple thousand saved up, but this is about 1/4 of what I need to pull the trigger on a loan.

This can trigger other requirements/repairs.By no means is this impossible, but it's not as easy as it sounds.