Only reason I ask is the financial difference is quite substantial (3-5% down versus 20-25% down). 

I think people improving housing can really start to change areas here.

If you want to find Lenders to provide capital to Investors for the purposes of acquiring, improving and reselling real estate (SFRs, MFRs, Commercial), visit these websites:https://www.scotsmanguide.com/Residential/LenderSe...https://privatelenderlink.com/Both websites allow you to search for local lenders in your Cities / States.Most of the lenders there will more than likely approve 80-85% Purchase + 100% Rehab CostsTypical costs right now are ~10% Interest and ~2 points1-year term, interest-only, no pre-payment penalty.

I'm looking to expand my real estate business, improve my cash flow, move equity into larger property purchases, and execute more advanced strategies. 

Caution:Contracting for repair, maintenance, remodeling, or improvement by any person licensed under part I of chapter 475 (real estate agent) while acting as the owner’s agent pursuant to that license, where all work requiring a contractor is performed by a contractor who has a current, valid certificate or registration issued under this part to perform such work, and where the aggregate contract for labor, materials, and all other items is less than $5,000; however, this exemption does not apply: (a) If the maintenance, repair, remodeling, or improvement is a part of a larger or major operation, whether undertaken by the same or a different contractor, or in which a division of the operation is made in contracts of amounts less than $5,000 for the purpose of evading this part or otherwise.For the sake of your cousin's license, either make her a part owner (sharing the gross profit as her compensation) or get a GC on the job asap.Just a helpful hint to keep a fellow real estate agent out of jail. 

It gives me pause as the first 6 months is when I am most vulnerable as we will be doing remodel work and improvements and the property will only be running at 50% capacity.

I live in a small town name Chester and look to help improve the area by buying some of the distressed properties and rehabbing & renting.

The reason I’m looking for a high CAP rate is because it is a good indicator of a property that has room for improvements. 

The link below has a link to the City's info bulletin about these plan requirements.https://www.sandiego.gov/sites/default/files/dsdib...The City doesn't provide water/sewer or any ROW improvements for residents unless it is due to a failure or damage.

Rather to take a little vacancy upfront versus a hit monthly.