That sort of bad faith is part of the reasons why landlords end up with concrete in their drains and then come on BP to complain about just how horrible and mean all tenants are.A professional landlord also knows that tenants without the use of their range will occasionally try all sorts of novel solutions to cook their food, and these solutions are very often nutbag fire hazards.

@Steve Kirsch I'm not in the Denver area but try to locate Dan Macklin and the Bad *** Realtors group... 

Hello all,I have found a deal that I need a hard money loan for since I cannot put 20 percent down on the property, it’s 4 units all on conjoining properties, it will be around 430k to get the deal to work.However, if I acquire the deal, I currently have bad creditWill it be possible to refinance out of the HML if I show good cash flow and signficant equity, even with bad credit?

You'll end up rationalizing your way into bad (very bad) deals that will have a domino effect on all future deals. 

Unfortunately, it sounds like you would be throwing good money at bad if you try to do any improvements.

Sometimes break even was a choice because I was after equity capture and put them on 15yr mortgages.

I know Experience is priceless so I don't plan to be incredibly stingy or picky, but I also don't want to be hasty and make a bad deal.

The house was built in 1938, it's a craftsman style home, original hardwood flooring in good shape, original windows but it very good shape, the walls and ceiling had been filled with blown insulation, had a new roof installed in 2017, and the sellers were willing to pay 5k to have the house painted to the color of your choice.  

But the problem is it will make it so easy that scammers will become prevalent and uneducated people will make more bad deals. 

They are either good or bad, same as any other tenants.