You can see @Cheryl Vargas: @Desiree Alvarez: Discussion above to see how "gator lending" is sold to unsophisticated lenders.According to the guys in the video, these loans can be as low as $1,000 for a non refundable emd.

There you will be vetted as a landlord, you can set up each bedroom as a “unit,” you can personalize prequalification questionnaires, and you can choose 2 different levels of background check.

It's important to choose that one and commit to using it.

.- Good tenants you can choose to repair.

I have some properties on low rates 2-3% range which I'm in no rush to pay off.

It can also be very expensive and the limits are usually low.  

This means the value will be at the low end of the comp range

Just be aware that the city is underdeveloped and you might want to be extra careful when choosing tenants to make sure that you'll be collecting your rent every month. 

I would just recommend choosing a property that doesn't need heavy rehab.

If you've already gotten kids who want to sign in December, you should have plenty to choose from in February or March.