As we flipped this ourselves from the roof to the flooring, we gained much respect to labor workers and realized even the tidiest things such as changing the outlet covers and installing new plumbing will take up a lot of time!

Some arbitrage operators also try to get multi-year lease terms, security deposits waived, free rent up front, and the like.

I drafted a lease agreement using other agreements and looked up some things from the Ohio revised code.

DSCR Loans in second position is not a thing - you might find a DSCR Lender that have other products that fit this need, like a Closed End Second or HELOC, but they aren't really "DSCR Loans" - I think you are likely looking for a CES (it is true however that you are correct in looking at the same place though, most of the lenders offering this on rentals are also DSCR Lenders)

It's so much more than the deals we close. 

Discuss timelines, costs, and any materials that might be needed up front.

We Specialize in Conversions and Ground up Builds with fully Prefabricated Off Site Construction How did you find this deal and how did you negotiate it?

They are all so close together, close to downtown BR, and close to hiking and the lake.

@Randy Buff thanks for taking the time to type this up, very thorough! 

A husband and wife were caught in a volatile situation—he ended up in jail, then came back out, and their home became a battleground of chaos.