These properties would not be completely remodeled, but will be ready to rent, possibly with $2500 in repairs. 

Originally posted by @David Hines:I would recommend checking their comps and repair values very closely.

You can have an email for each account and you should be able to set your phone up see multiple accounts at once should you get inquiries or messages.Just log into each account to make updates and price changes.

The long-term moves are to get a concession to buy down the rate for good (not a 2-1 or 3-1 buy down), it's a smaller number (i.e. .25% or .5% decrease on the rate), and getting their full closing costs covered is money out of their pocket today they'll be saving that could be huge to give the buyer more money for repairs and/or furniture along with just life expenses. 

If you are all in $200k into a property  and it is worth $350,000 after repairs, then you should be able to receive all of your initial cost on a refinance using the new appraised value. 

I need to buy at 75% of ARV - Repair-Assignment fee.

The fees and overall costs of these loans needs to be a key factor including what if the project goes over time . . . . you can be underwater in no time.Underestimating repair costs and overestimating ARVs based on Zestimates are the next stumbling block.There's money to be made but make sure numbers all work WITH contingencies defined and overages expected . . . remember, a project will always cost more and take longer than initially thought!

This is opposed to saving the $50k-60k to cover major repairs and the extra $30k to cover unexpected emergencies (job loss, health problems, etc.)For context, we have another rental that we bought in September of 2021 with a conventional 30 year at 3.125% and purchase price of $410k.

“What if the repairs are too much?”

Updating and repairing.