Quote from @Lisa Wright: I didn't even consider that rodents might chew it.   

Linda

Quote from @Linda Robinson: @Patricia Steiner my lease states in summary that no dogs, cats or pets will be permitted in the property unless written consent given by the landlord , failure to obtain written permission will result in a $25 fine per day that the pet is present without written permission. 

@Al Wright not dumb at all.

@Linda D.Absolutely, business is business.

As @Adam Wright has mentioned, SFR investors are happy with 0.7-0.8% range. 

Hi Sammy, The Realty Investment Community of Houston will be there with Linda, The Queen of Foreclosure, Muscarello! 

(hint:    @Adam Wright is hosting one Friday night).Let me know if I can be of any additional assistance...

@Chris Tiff, @Linda Weygant has a great model right now, similar to renting to college kids.

you might be better off looking at hard money options to aquire the needed cash to buy the property then fix it up enough to get your GI loan to pay off the hard money investor.Reach out here On BP for a hard money lender buy be sure you have a good Wright up to show your after repair value,  if 75% of your after repair value loan to value ratio will cover the full hard money amount you shouldn't have to much trouble finding someone here on BiggerPockets to work with you.Or if the owner of the property actually owns the property out right you can try directly contacting them and see if you can arrange a owner financing deal for you to be able to do the renovations necessary for the property to qualify for your lending requirements