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.

Fast forward to now and my dad now flips homes full time and doesn't have to drive around the US anymore (he used to be a truck driver).

TIA. a shipping container home. you can buy them prebuilt. stack them like "apartments" or connect multiple for larger units. structurally sound, weather and fire resistant. they look cool. and because of their size the entire house can be built in a shop (no bad weather days holding up a build.) loaded on a truck and unloaded at your site.

The construction of a Tesla semi-truck factory will create 3,000 to 5,000 permanent jobs in the future.

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.