Is there any obstacle that would stop using a 203k loan for renovation, then refinance to a different, more attractive loan?

(which requires tenant signature)Unless you are using a substandard lease or a pre 2012 wisconsin lease you should not be storing tenants leftovers. 

The logistics of using a land trust to secure financing, while enjoying the protection of an LLC, are laid out in this article: https://www.biggerpockets.com/renewsblog/llc-lendi...Ultimately the goal should be to keep as many financing options available while ensuring your asset protection is solid.

Both mistakes stemmed from not knowing how different it would be having an open house late October vs. early September.10/22: I started using a google form for anyone interested to respond to a few questions (an idea I learned from this board).

The idea behind BRRR is that you finish the rehab and you are ready to rent the place out and move into a cheaper/longer term loan product immediately and then on to the next deal. 203k loans, in addition to the extra red tape and requirements like using a licensed GC to do the work, have 2 major caveats: the property has to be livable and it has to be owner occupied.

I have been using a program called Outswitch to manage our pricing, but I'll check out Wheelhouse, as we certainly aren't locked in at this stage. 

Is anyone using a third party to facilitate easier laundry room revenue collections?

I did rent one out for a while using a property manager (more so out of necessity because of my military move).

Hi @Deven Wolfe In regards to house hacking if you are using a low down payment, it's not really realistic to expect to be cash flow positive.

I plan on using a combination of strategies to get me started.