True, you probably have a niche that it may be more suited for than others (not every property is suitable for construction workers for example as they typically need space to park vehicles and equipment and will usually have more wear and tear on your property), but keep your options open!

The more contingent liabilities you stack up, the more nervous future lenders will become as they consider your suitability as a borrower.

When you do Refinance, the original loan is paid out by the new Lender, and hopefully your calculations about it being a suitable BRRRR deal prove correct. ie. 

At this time I am seeing 3 suitable options that I may be able to move forward with to use as a short term vacation rental or long term rental.Option 1: total Rehab of the interior/exterior while using the old foundation (if inspection finds strong/usable) Option 2: total demo of the structure and build a larger house on the second parcel outside shoreland management zone options 3 (combination): rehab/use as ADU and build larger house on second parcel Thank you for the help in advance! 

Did you find the deal first and then bring it to this community, or did you establish relationships with potential investors first and then find suitable deals?

@Beau Pearson I will post a property on Zillow but use cozy.co for all the background checks once I have found a suitable tenant I use deposit slips pre-filled out for the bank account associated with that property so far it seems to be working great

Since I am “shopping” remotely, and my timeframe is limited, the odds are good I’ll find something suitable on the MLS.

The current market environment may not be suitable for entering real estate.

ARV above that are (probably) going to be better for a flip, and ARV below that are going to be suitable for rental properties for the buy & hold crowd. 

at last, hard money is out there, but its more suitable for renovations as you want to exist quickly because of the high interest 9-12%. hope that helps. best of luck mate