By that time, hopefully you have saved up around 20%-30% for a down payment since you do not currently have any income and will be able to qualify for a DSCR or FIXNFLIP loan. 

For liability protection, consider umbrella insurance, and ensure your accountant understands rental properties qualify for deductions without LLC ownership.

Further, the property may qualify for larger loans based on the increased cash flow ability to service debt.  

A $60K down payment will get you a $300K property (assuming your income is high enough and debt low enough to qualify for a $240K mortgage).

Hi Shayan, You will be able to close on properties quickly and have access to rehab funds immediately if you are able to qualify for a HELOC that can cover both the purchase and rehab.You should be careful though as if you cannot sell the property or you run out of rehab funding, you may end up being over leveraged.

I have never seen a judge turn down a request for more time for a qualified sale, unless the homeowner has already abused the system for excessive periods of time.

US credit (some lenders may require 1 or 2 credit scores to qualify you).

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Do you qualify for REPS?

It doesn't count if no one can qualify being there.