Some of them have less than 1 DSCR (not foreclosed yet) and one of my smaller syndication could end up in foreclosure.

The previous owner claims they never had the titles to these trailers, so that is not option. 

Just search and try to find ones that understand sourcing investment properties. 

Being a NYC resident (originally from Long Island), the price of entry in the area is on the higher end, so I've been considering some options in the NY Capitol region, as well as NJ and CT.

To address this, the lease will clearly state that any credit will be returned at the end of the lease term.

I personally never like to over leverage myself too, but then again maybe I need more experience in this area too.  

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.

out west here we do our own deeds we never use an agent or title or an attorney..

I would never work with them again because the small discounts just is not worth the headache.

I started a nonprofit to assist in ending homelessness in America.