You can probably secure the hard money with less than a 25% down payment, and then if things go right - 0 out of pocket on the refinance, but you will still need at least some "skin in the game" regarding a little equity/down payment to start.Sharing this article published here on BP last year on this topic - hope it can help too!

What are some things to keep in mind, how does one do a background check, what are the laws regarding that (I'm in St Louis), any advice, thoughts recommendations etc is greatly appreciated.Thank you Since there are different regulations in states and counties regarding background checks I recommend you advertise your property via apartment.com. 

. - The cost of two kids in child care exceeds rent payments, by at least 25% nationwide and is more than double that in 9 states (CCAA).- Book Recommendation: Long Distance Real Estate Investing.

Rentals have also shot up like crazy so I anticipate much more as the years go.I have been studying BRRRR and leveraging debt but this case is different.Would it be in my best interest to pay back the loan asap or just make the monthly payments and start saving my extra cash for my first BRRRR in the states. 

Are you an out of state owner or in state but too busy to manage yourself?

You need a short sale approval letter from the first addressing this particular sale, and if the second has agreed to move their lien, they should be providing a lien release letter, or a letter stating they will be releasing the lien at close. 

As stated above brush up on the local city, county and state laws.

Check out this article Joe Fairless did on direct mail marketing. 

Been listening to Real Estate Rookie and BP channel for a little bit now and this is my first time posting in the forum.I’m currently living in WA State and own a home that is under a VA Loan.

@Kristine Ann I guess it depends what state you're in.