Once the project is completed, the plan is to than refinance into a conventional mortgage. 

CA RE Broker ( which I have) standard state MLO and NMLS  and Consumer finance license.

Care to share the details?

.- **BRRRR (Buy, Rehab, Rent, Refinance, Repeat):** This strategy can be lucrative, but it requires careful planning and execution.

Quote from @Sean Barnebey: This is an interesting opportunity, and it sounds like you’re approaching it wisely by considering the numbers carefully.

However, with careful planning and a proactive approach, you can navigate these hurdles successfully.

You need to read the sheriff sale information carefully, or if in a county with a magistrate then read their ruling. 

We have a shortage of qualified applicants and conventional renters, which was created over Covid 19.

If you buy in your name you can buy them with conventional loans as long as you qualify which have better loan termsIf it makes any difference and will better guide your answers, we live in Ohio.Nice.

If the numbers make sense, which usually equates to 10% or better cash on cash and roughly 1% rent to price ratio in an area that has appreciated well recently, I don't care how far I'm away from that market, I try to buy there.