Start with BiggerPockets Ultimate Beginners Guide (free).

Most are going to want to lend on the rehab as it ensures the rehab to be completed,There are numerous ways to pencil it out in your favor though.It benefits to work with an experienced broker who can guide you through the process and put you into the best possible product and solution out there for you.

Here's a detailed guide on how to screen applicants: Application Screening Guide

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good call on the guide, it is a great resource.

We had a mentor guide us through the process.

Talk to a CPA who specializes in real estate; they can guide you on the best structure.Decide on Your Payout MethodPersonally, I prefer a mix of methods.

.- Once your time is more impotant to you then the cost of a PMC, you can hire one.2) Hire a PMC to guide you on your first rental and learn from their expertise.- You can buy additional properties and DIY manage those, perhaps leaning on the PMC for any issues you're not sure how to handle on your own.Good luck:)

Start with BiggerPockets Ultimate Beginners Guide (free).

We arranged closing during a slower period of time & had him leave everything (furniture, inventory, guides, etc.) literally bought it & could start taking booking the same day.