I know I have a few things to to check off my list, before I can actually get that 4 bedroom house and rent out the rooms to my friends.

I paid a small local plumber 25 years in the business to to replace both inside guts of the top tank bowls for 2 toilets and flappers with chain.

Bought a house for 24K needs about 6k in repairs rents from 800-1000 a month. (60-70k ARV)I'm interested in maybe doing a rent to own deal. can anyone point me in the direction how to to structure that deal?

HELOC and refi are the sources I will be turning to to fund my ADU conversion right now.

I would like to say I am mainly in the Miami-Dade area I would like to to connect/partner with some investors in the area along with other members of the biggerpockets community to hear some advice from everyone big or small. :)

@Zach KrietemeyerZach,You need to go with a no income verification product if your debt ratio is tight and you can't use your SE income. 

The problem I have is my niece wants me to buy her house at a deeply discounted rate in fact she's even willing to take a $30,000 loss to to sell it fast, it's a very nice spacious 4 bedroom home for $130,000 in an area where houses sell for close to $200,000 but it's in Chicago where they have gone crazy as far as property taxes are concerned.

Looking for advice on how to obtain a secured (using property) non-income verification type loan for the purposes of renovating a non owner-occupied second home that is owned outright in order to to turn it into a short term/vacation rental (thus utilizing those projected funds for repayment).I've looked a lot of options (mostly from conventional lenders) but 99% of them want to see tax returns/proof of income.

That does not include debt service, but does include taxes, insurance, advertising, lost rent to to vacancy or non-payment, legal expenses, accounting expenses, capital expenses (roofs, furnaces, etc), and property management.   

@Jessica McKinney Are you advising clients to to go with this?