Some credit unions or local banks offer portfolio loans that don’t stick to the 4-unit limit, which could work well here.

Been late on rent.

HelloI am in negotiation on a property in Ohio.

why on gods green earth would you want to buy 10k condemed houses :)  seems like a waste of time and money to me.

While you work on that, you could also explore creative financing options like DSCR loans or partnerships to fast-track your first STR.

Come to think of it, though, I can't imagine why they wouldn't let me perform one just to understand how much I can offer.  

I happen to have a few investors who want in on a 2-4 plex but have yet to find an eager investor on the bigger units. 

You assign the lease option agreement to a tenant-buyer and receive an assignment fee without needing to close on the property yourself.

You'll want to focus on securing a favorable financing deal at the refinance stage—ideally, you want to pull out as much of your initial investment as possible while keeping monthly payments manageable.A big consideration is understanding your after-repair value (ARV) and ensuring the rehab costs add value in proportion to that.

Decide what is important to you and choose the custodian that offers it.