@Brady Bitter yes, some of us use this technique for temporary money. 

. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.

(you need to differentiate when a Mark Spain type company is running radio ads to attract business for themselves from it actually helping you out)4) Our TEAM or BROKERAGE has sold "X" homes! 

So yeah, I actually get 2 quotes.

Real estate is easy to get into, but hard to earn a living. 87% of all agents quit within two years because they don't make enough money.

From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.

The faster you pick it up, the faster money will roll in.

Anyone can live anywhere they want if they have the money, and sometimes houses are bought and then rented out without much background checking on the people moving in.

@Jeanette Land why don't you canvas your network to find a money partner?

I wasn’t trying to be long winded, with too much detail, in my initial post but I actually did this method on a fix and flip.