I'm exploring the idea of renting out property to Section 8 tenants in St.

The above replies are incorrect.

There are good QI's that will help you navigate the options.   

I'd start by talking to a few realtors to see how much extra you'd get with the renos vs the cost.

Quote from @Ray Watkins: What is the best way to finance a newly built, entirely new home on a property?  

Hi @Colt PriceThe simple answer would to be lease the land to farmers and let their cattle roam on the land.

I would pull up outdated properties on the market, and walk the properties with the contractor to get bids on what to do..

I purchased two homes in the 2019 auction.

If they wanted to send a hard money pre-approval for half of the purchase, then either A) the lender needs to confirm that they verified the borrower possesses the remaining cash to close, or B) the borrower needs to show proof of funds for the remainder.

@Chris RagerFor multi-member LLCs (and depending on the size of the project), you may want to work with a specialist for the operating agreement.