I tend to stay in my lending and financing lane lol Hi ClaytonMany thanks for the kind offer, Since this is a rental property, my living home insurance(which is way less even though my living home is value about twice the rental property) does not cover landlord insurance. 

2023-2024 DECIMATED my already broken finances and killed my 15 yr run being debt free with paid off rentals and a house near the beach in the Ca.

Can anyone recommend a firm that does not use Lexis Nexis for background checks? I was going to use Kiavi, but apparently I do not have a consumer profile and lexisnexis has to locate it and this can take a while and ...

Also, you didnt mention any financing costs, was this built with cash or do you roll that into your cost of construction?

Also there is an additional tax on the returns due to the financing. 

Quote from @Daniel Tanasa: Another option is to get a small cash out refinance from the house you plan on fixing up, if is in financeable condition, and use that to fix it up, while still cash flowing.

@Jeffrey Bourque Are you planning to finance this with a local bank or credit union?

Most of our newer investors approach 2-3 lenders to discuss loan options.Some lenders recommend making your financing inquiries within a 45-day time period to avoid larger drops in your credit scores.All the best!

Hi all, My grandfather has passed away and my grandmother is left with handling finances for the first time in years.

LLCs tend to be beneficial for financing options if using hard money as it can be required depending on the program.