We had a policy with NREIG on an REO recently that was vacant, which was gutted by a major fire.

Great post very informative and as long as no major tax issues I plan on using the method. 

For a commercial broker, take a look at who has a majority of commercial listings on LoopNet/Crexi in the desired area...OR for the property type you're exploring definitely check in with a local CU or your current banker for both a RE recommendation and lending options.

Majority of investors that I work with are all from California. 

Home equity is 6-7% depending on length 5yrs vs 15yrs a 30 yr mortgage is 6%...Ideally rental stays rented out bringing in 1/2 of mortgage payment on new house based on numbers and is already cash flow positive bring in $1200/month (worth about 180k)and new property is going for 240k going rental price is about $2,000/month but I owe 18k still on private mortgage- reason I want to pay it off (4% flat 720 interest from cc for 1 year) to have it 100% paid off, then use home equity to pay off....or try to balance transfer balance after 1 yr which ever is lower but I figured that would mess with debt to income ratio and with this property being brand new, which is hard to find being located outside of closest major city...goal is to keep house rented out till it's paid off while also being cash flow positive with both properties combined and using paid off/ nearly paid off 1 to pay for 2nd rental, so I'd say lowest debt while also building wealth/equity not worried about a monthly/yearly profit per say as long as someone else is paying down the mortgage ie: my current property is bringing in $1200/month but current market value says it should bring in atleast $1500-$1600 but the tenant is phenomenal so she's paid same rent since 2017 I've put about 36k into between mortgage payments for 2 years and some up keep...she's put in the other 130k!!

Its just my dog and I so more than willing to sacrifice the majority of the property to the renters to maximize income.

Permit with house /floors /no floors are all easy and typical for major rehabs.

The majority of the budgets were spent on design, furnishings, and amenities, so in return, these STRs perform very well, actually exceeding revenue projections.

State of WA has a ton of servicers i think the laws must be servicer friendly.. we have used zimple not sure if they can do owner occ thoughits also interesting to see these 8 year old threads and majority who post you never see anymore. 

The vast majority of the cost was in the installation.It's a good thought though - I'm pretty sure our current lender doesn't cover mobile homes unfortunately.