Sometimes too portfolios allow you to include lower valued properties that might not be eligible for regular DSCR lending. 

The only reason a property owner would agree to rental arbitrage is if they see it as advantageous to them over taking a regular tenant.

I have seen some realtors who have used marketing targeted to 1031 investors as part of their regular outreach. 

Even if it takes longer to pay off, having a steady, reliable tenant might actually be less stressful than managing an STR.FYI - consider starting with a regular rental but structuring it as a 6-12 month lease.

The process is still much the same as getting any other kind of financing on a regular home or foreclosure.

@Sidra Amir I work in a group home that regularly has a pest company come in and inspect for bed bugs with a bed bug detection dog.

I would recommend to look into something more powerful for business/corporate usage.Section C is not my expertise, but I would recommend to follow  the law and have strong security policy such as minimum password requirements and regular changes.To end this on a positive note, Cybersecurity is slowly moving to the forefront of business thinking and it's taken more seriously now than 10, 20 years ago.

I can get regular financing, but was attempting to keep myself liquid for the renos. 

The tenant-buyer has time to fix their credit and save more money for a down payment during the option period, then exercises their option - fulfilling their desire for home ownership.

Those other probs have now gone away plus I'm making a lot more dough from my regular work/day job these days.