You might have several different loan options available to you depending on your needs (acquisition + rehab).

@Marcos Cardenas I think a few other people nailed it already and as mentioned it depends on if you want to work in real estate or be an investor.

Use varies throughout the year.

HML lenders there are clamoring to lend money at low rates because they view that market as really hot and if the rehabber can't sell it or make mistakes they still get their money back in a rising market and limited inventory.How a lender views the asset would also depend on the price range.

First I'll say some of this depends on your market and the demographic of renter.

The market is tough but a 2/1 house can do pretty well depending on how it’s set up and how fast you can get good reviews on the platforms.

. -- Inspection (maybe $500) and appraisal ($500-$1,000 depending on market) -- Any furnishings, if you plan to furnish it.

Or if you're considering LTR and STR than prop. mgmt fees will vary greatly.

Hi Mike,a STR manager will generally take 15-25%, really depends on the market and services offered.

The house is in terrible condition, she is a hoarder, and has no dependents.