I contacted our lender on our current home but she stated that it would cost me a fortune for her to fund this amount as a conventional loan.

The seller wants to sell as-is because he's getting old and doesn't have the energy or motivation to fix things up -- but fortunately it's been well-maintained. 

Fortunately, it seems we were referred a painter who could start right away closer to our budget so we are back on track.

Caveat, I'm fortunate to have my rentals in an area where evictions, especially obvious ones, are a pretty simple and efficient process. 

Fortunately the outcome was a great return on our very little home.

Fortunately, I am financially savvy and have been building a decent nest egg over the past few years (granted, not enough to compete with the crazy all-cash deals in my area). 

Do you really want to be the best at  spending a fortune, to be yelled at, demanded to remove them from your list and having to explain over and over again that they have nnot been specifically targeted, skip tracing, and yada yada yada?

I'm a remote investor looking to make my first purchase in IllinoisA fellow Norwegian investor I know was fortunate enough to find a lawyer in Indiana that formed an LLC for him with a stake in the company themselves - meaning he was by proxy able to start investing in the US before his ITIN number arrived (bought 6 properties in that time). 

Maybe I am not understanding this entire BRRRR concept (although fortunately for you, you should get your 10,000 back in about a year or two if you get everything the bank will give you, but I see people do this where there money will be in the house for 15-20 years before they just break even - but I presume these were just bad investments).

I feel so fortunate to have experienced the growth that we have and that we've been able to see first hand how well it works.