@Davon Broadwater   Any kind of loan can be used on off or on  market homes.

Let's say you can make $250/door just to pick an arbitrary descent number - which would make rent $1,367/month.Your 1 paid off house has all the other expenses but P&I.  

Your better off spending a few hundred somewhere where it can help.  

You can buy the package off BP for 100$ if you're just looking to get something.

.- Try to find off market deals for way cheaper (e.g. using hard money, then refi into a rental loan)- Try to find properties where the owner will finance a big part of it and you get only a small loan with higher interest rates for the down payment.- Get a property subject to where you take over payments for a loan with lower interestfeel free to reach out and discuss some ideas

You can find distressed off-market duplexes under 120k and SFH under 80k in B to C-class areas.

These folks often have "pocket listings" and different FedEx route opportunities, both on and off the market: https://capitalbbw.com/categor...Best to do your homework, and the first year is not the easiest, but once you get the hang of it, it's well worth it.

-Ant Ant,Really appreciate this response and it gives me confidence that my thought process isn't off. 

Depending on the extent of the rehab, you can hold off on the rehab until the unit is vacant and not increase the rent as much (ie wait to pay $50K in rehab for 2 years and not increase the rent $200).

While we do not base our fees off job value the bigger and more complex the job the more service fees you will pay for labor and time involved for Corrections and or revisions.