I was planning to buy a distressed property and build equity in it with repairs/rehab, rather than pay top dollar for a turn key.

It merely means you will likely have a difficult time refinancing the property to a traditional lending source.

I'm still in the process of finding an alternative solution but I thought I'd leave this here as a warning for others looking to make a decision.For reference, I'll just post their email response to me here:As we review your inquiry, we would like to remind you of the following key points from our Terms of Use:In no instance shall ShinePay be liable for any of the following:"Lost revenue from service interruptions.Lost revenue stemming from delays, malfunctions of any product.unauthorized gains access to your account or due to shared passwords or if your password is hacked.Destruction to properly, places, or personal injury resulting from the installation, misinstalling, or misuse of any product.Lost revenue from entering the wrong account number for ACH or other bank transfer or money transfers or due to any delay in receiving funds.Damage to your structure, machines or car resulting from use or installation of our products.Any funds collected that are paid to a person that does not own the property.Any harm from defeating the lock and technology that controls the lock to a device.Failure to properly service any product or machine."

But timing and planning are crucial.Here's what you need to consider:Future Passive Income: Do you expect to generate passive income from other sources?

There are systems and software out there that can assist with key word management and campaigns etc. but they are not cheap. 

Do you have a price range and are you looking for turn-key properties or something along the lines of a "fixer upper"?

If it's turn key and rented you would analyze current rents vs expenses.

Focusing on building knowledge, credit, and some capital is key.

They’re ideal for those building portfolios, as they don’t require extensive personal financial documentation.A key tip is to ensure the property’s cash flow comfortably exceeds the lender’s DSCR requirement (typically 1.25x or higher).

The key to this is finding a HML that doesn't require access to the property for an appraisal.