John, not sure if you are familiar with the current STR situation in Huntsville, but the city has shut down STRs that are not zoned correctly and also not permitted. 

hi guys,I have saved a 20% downpayment a property but struggling to save the remaining 65K for fixing the property up.Example, the property cost 150K, I saved up 35k, but struggling to save up an additional 65K to do the rehab (my understanding the lender will not give me the rehab money right away, I have to pay my own money to start rehabbing and the lender then will reimburse me in stages the rehab portion)Correct?

You're correct on that.

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If you do it correctly and have the correct paperwork its a great way to buy property with little or no money down.Seller financing is the "Seller" acting as the bank with their equity and loaning the buyer that amount of money for a negotiated period of time. 

I mistakenly posted this in the classified section and wanted to repost in the correct location.

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Investor buys in  market with the correct fundamentals and experiences a sudden and significant appreciation bump.