Or borrow against equity in another property.Ron Manges at First National in Gibsonia is an investor friendly banker - he may be worth a call.

You have to have a certain mind and heart before you mange any property.Lead generation is an art you have to learn to own properties.  

I manged to upgrade every seven years or so by selling and buying  but now I wished I would have taken the buy and hold approach.

Then giving it to a money manger to mange it. 

Also, consider how you will mange the property.

In some states but not all, you might need a license to mange rental properties for others.

Instead of 1 unit, it's performed on 100s of units...and (1) it's usually manged by professional apartment management companies who specialize in re-positioning properties (2) the rehab is financed in the original loan and (3) the property continues to cash flow during the rehab (units are renovated as residents move out).

Keep in mind I self mange 4 units, so not that time consuming.  

I mange 10 units in Oakland that my family owns and have a tenant with below market rent who was running an airbnb out of the unit disturbing our other tenants .

The reality is that if you self mange your rental properties YOU ARE THE COMPANY.