I would read some headlines around the bnb business strategies nowadays and maybe you'll see why getting legit financing for this is so hard to come by.

Since I'm not planning on purchasing for another 6 months I'm not looking at deals daily nowadays.

The Right of Redemption, in reality, is quite rare nowadays.

If the property to be insured is vacant land, and the owner intends to erect improvements thereon in the immediate future, the owner's policy may be written for the value or purchase price of the land and the improvements to be erected thereon; but, the following note must be inserted at the end of Schedule B of the policy:"Note: It is agreed between the Company and the insured that, in the event of a loss hereunder, the liability of the Company shall be limited to the present value of said land as now improved, but shall automatically increase by the amount expended for improvements placed thereon in good faith, and without actual notice of adverse claim, but in no event shall exceed the amount of this policy, to-wit, $_____ (here insert amount shown in the clause of the policy.)"

Most B/C deals nowadays are more light value add where you end up only truly increasing the value of the property 20-25% or so but because you leverage the deal you can get your investors a good enough return.

That was back when I stayed up that late 🤣And yes they used to be hilarious, no comparison nowadays..... 

And the MLS is not a big deal nowadays for property searches, the competition is actually better IMO.Regarding your license, I would suggest getting the B1 license instead of the one you may be more qualified for, the C5 Framing and Rough Carpentry.

The great news is that nowadays there are many options that make rekeying fast and simple.

A tenant buyout agreement (which is NOT cash for keys) is the closest thing you can get to an OMI nowadays. 

Contractors are really busy nowadays, especially the good ones, so be mindful of their time.Good luck!