Normally you'd borrow from a bank in the form of a mortgage.

Is this normal?

Here's the dilemma: there are PLENTY of other municipalities in KC metro to shop, and so far, my strategy is to avoid KCMO proper (it's always been tenant friendly since I started following a decade ago, but created a whole new dept in the wake of affordability crisis-- see this press release from earlier this year).

The con of this approach is that you normally spend more for the property in the aggregate than a fixer-upper.My definition of turn-key company - A company that will hold your hand through the whole process.They will either sell you a property in their portfolio that is already fixed up or you will buy a fixer-upper and they will manage the rehab process. 

I'm normally a buy and hold small multi-family investor.

These prices appear to be the “new normal” and will very likely continue higher, albeit in a much more “orderly” fashion.

We will like to know if you currently have a deal that requires funding at the momentEmail me back let's proceed furtherRegards”Normally I’d look up their website and license.

A lot will do well, a lot will do poorly and quit before it normalizes again.

I am normally a year guy but very strong arguments for reasons to chose month to month today.  

In the case of a house in a flood zone, they will require a flood policy be purchased.The normal policy for a 1-4 family rental is a Dwelling Fire Policy (sometimes called a Landlord or other name by the company).