Often times they come back with a list of repairs that they would like to see to protect the home or mitigate liability. 90% of the time those items were on our list to fix anyway, and sometimes we even haven't done before we get the letter from the insurance company.

My husband and I have personally flipped, built, and own rental properties, so we understand firsthand how critical it is to not only maintain good tenant relationships but also to protect and enhance the value of your asset.

Investment Info:Single-family residence buy & hold investment.

I completely agree with @Ashish Acharya's points about the cost-effectiveness of a HELOC and the potential credit implications if it’s secured by your primary residence.

While you did point out the negative aspects of a deal like this, you didn't really highlight the pros on the RE side and future investment, appreciation etc.I’ve done two of these projects in the past 3 years in SoCal.

Investment Info:Single-family residence fix & flip investment.

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

Quote from @Andrew White: Investment Info:Single-family residence buy & hold investment in San Antonio.

In fact one of the themes of my posts is dissuading investors from over spending on entities and asset protection.

Not a lot of protection.