My firm has a fix to rent product that discounts the interest on the fix portion, and discounts origination on the DSCR portion. 

Then we see if the current tenant later decides to extend or we list the limited open period, often at a slightly discounted rate. 

I fixed the roof myself out of my own pocket.I called the insurance broker  and he straight asked me if there was a damage after the hurricaine, so I said a tree fell but I fixed it myself out of my own pocket.

If you purchase at a discount, then you'll be capped by your purchase price, not necessarily the as-is value of the property.

Helocs are driven by the Prime Rate which is 3% above the Fed Discount Rate.

And how they do their mortgages.. pretty straight forward very simple process.

Straight and to the point, I appreciate it!

Thank you for shooting me straight!

The right property owner you are looking for is someone who are looking for long term stable income, don't mind take a little discount and maybe waive the first month rent if you can somehow convince them.

I would go with a hail resistant 30 shingle then you get a discount from the insurance company .