We specialize in working with fix/flippers and work with a good amount of out of staters. 

We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.

I'd recommend looking at costs. your build cost is going to be well over other homes because of the fixed costs like slab, Hvac, roof, etc. check the market drivers and weight the benefits of short term versus long term. long term is no furniture and help pays mortgage but at this size it doesn't really cover everything. we didn't find a lot of economies of scale in single family detached. can you build more than one unit?

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

- What needs to be fixed in the house?

No major red flags, mostly small fixes to start out and I am pretty handy.

I had an electrician go out today to inspect and give me a quote to fix and should receive the report tomorrow. 

I work with our project manager to get the property fixed up according to the specific property which may be fixing it a lot or a little.

Fix-and-flips and new builds are always exciting!

Then once it's acquired and/or fixed up you could shop around for long term financing if planning on holding the property rather than flipping it.