There are very few people who accomplish this and when they do, it's over a sustained period of time.

I agree with Greg, one lesson is to do everything yourself.

Let's use an example of replacing a leaking kitchen faucet (assuming it can't be repaired):You can easily find out how much the materials are by going to the Home Depot website and picking one out.For labor we Googled, "How long does it take to replace a kitchen faucet" and this is the answer we got:AI Overview: Replacing a kitchen faucet can take 30 minutes to several hours, depending on the faucet's complexity and whether you're doing it yourself.

You open yourself to much more risk in not being able to finance out of it and being stuck with hard money and those fees/penalties.

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

I have been living where i am now since 2022 I don’t want to ever sell it because its in a good location and it has potential to be a great rental investment i just don’t want to lose my interest rate by leaving and renting it out i have heard that your mortgage can be called due by doing that.

I’m considering doing a cash-out refinance, not sure what the best options is , to use the rental property or the rehab property.

I've done a lot of research into this and believe this is for me, but am getting some roadblocks when it comes to funding requirements and my buy box not aligning.

I was going to do that in an attempt to get creative with my financing options so that there are no liens on it and I could borrow against it as an option.

2) If you do owner-occupied cashout refi for best rate, you technically have to live in the home for 12 months before renting it out. * Some responders here may suggest not worrying about that and renting it out anyways.