Start by talking to a bank or whoever you plan on getting the loan from to find out how much you can borrow and what the costs are associated with that.

I’d personally rather receive a little less rent and have the tenants cover this cost.

Short answer, redemption includes the VALUE (not the cost) of post-foreclosure improvements, no matter who made them.

There really isn't cash flow anywhere right now without some kind of niche or angle.If you buy a miscellaneous, "lower cost" house around the median in PA or OH, and put conventional or DSCR debt on it... it's not going to cash flow.And you really need to be hands-on somehow, whether that's literally your own or a trusted team. 

Welcome @Hogan Chouinard,Memphis is a city with a strong workforce that offers low-cost entry and provides consistent cash flow to investors.

Keep in mind there are brokers/placement firms  out there who can serve as a conduit to the family offices, pension funds and insurance companies and the cost of those placement services are going to be significantly less than the amount of effort and expense that goes into the this new breed of syndicator.

A much simpler strategy may be to sell the property, buy a new property, do a cost-seg analysis and take Bonus Depreciation. 

Partner Driven financed the Sierra Drive deal using its own capital, covering the $185,000 purchase price and $33,900 in renovation costs.

Site development costs can very submarket by submarket. 

(They might want more since RE commission costs to seller will be +/- $50k) $600k LA at 5% interest only for 5 years = $30k/year interest income X 5 years = $150k interest income.