If the homeowner isn't going to be a professional homeowner/landlord and deal with this him/herself for you, and if everything you do leads to bad results, why keep fighting this fight?

This is one of those questions where paying a few bucks for professional advice might save you thousands later. 

Hello = jumping in on this thread; I'm a longtime rehabber and housing provider in NE Ohio. 

Hey Jason, As tax professionals, we cannot solicit our services in the forum directly as its against the BP rules.

We are interested in someone who can provide a second position loan of on some of these.

Im buying these properties so that in several years from now, they can provide solid cash flow that I can live off of.

The purchase price should be under 100k (around 80k or so) and I am not looking to put more than 20% down as I'd love to purchase more than one property this year.Happy to provide any additional information.

They can provide insights into which neighborhoods are safe and have strong rental markets.

Crazy idea - How about asking your tax professional instead of a bunch of people on this blog that have no clue about if you qualify for RE professional status?

@Billy Houston- thanks  1) DSCR might work very  well for you ...if you can  qualify for a standard  conventional 85% ltv  loan - this would provide better  loan terms   2) yes - DSCR is very different than a cash out refinance 3) consider  getting fully pre approved for a standard  conventional loan at a 85% ltv ..this is  crucial  to do if you are looking to buy in a competitive market - thanks and all the best