Hybrid's make as much sense as your post does to most people

Some products allow up to 85% loan to value. 

I know because the new owner listed it for rent as soon as he closed on it.I understood what you posted.  

Key is make sure you have a good surveyor and title company. s far as being ready all about the market in that most people who purchase either one of these products are not interested in any maintenance and would rather pay monthly dues. 

There was a lot of information I didn't mention in this post since each company and individual can operate differently so if there was something I failed to mention, please feel free to leave a comment).The terms Hard Money Lender and Private Money Lender can be confusing because people sometimes use them to mean the same thing.

Since you’re just starting out and haven’t even seen how the property performs post-renovation, I’d say give it some time.

But from what you posted, being in the path of development, near a major U is a good thing.

@Millie LeungRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Originally posted by @Kyle Mccaw:We never purchase used dishwashers any more.

There will be plenty of realtors who want to sell your product after the fact.