And I'm trying to understand, Is it the house I'm getting qualified for purchase, or is it loan for the reconstruction of the house I'm being approved for.

Also, tenants will often times already have their own washer & dryer units and would rather use those instead of owner supplied W&D. 

Was doing some drive byes on a few properties this morning and stopped in on an open house.

@Calvin Drake, @Nelisa Lee, and @Andres Rodriguez we've bought 150+ units of MF in Jax and we still own and manage 51 units in Jax, and we also manage for other owners as well, fully licensed and insured.

You may also need to show STR rental history on these properties from the previous owner if you are looking to qualify using short term rents.

@Casey Hamptondon't partner - too small, too complicated.you should both just save up to afford your own individual house hacks.

Have you gained possession of the house?  

We have an in house builder here, so I have an endless supply of lots I am purchasing for them and selling these investment properties they build on the back end. 

@James McGovern, while I don't necessarily agree with your language, I certainly understand where you are coming from.If you truly want to exploit them, then continually report code violations: long grass, broken windows, broken down cars parked on property, anything that will keep racking up the nuisance issues of the property that the landlord not only has to handle with effort but also with money...But, assuming you don't want to go to that level, find the owner and reach out.  

You will just likely be looking at a LOT of houses to find one that is marginal, at least for my return needs.Secondly, along these lines: in the neighborhoods I know and invest in, the demand from retail buyers is still very high, and inventory is low.