I was also going to ask if you'll have access to the property - many lenders will require an appraisal.

Begin by targeting distressed properties in gentrifying neighborhoods, securing financing through hard money lenders or private investors, and focusing on cost-effective renovations.

A lender that specializes in distressed properties can help you find the right financing for your scenario.The Bottom LineInvestors will find unique opportunities with distressed properties, but the myths need to be dispelled.

If it’s a blanket loan they would talk to the lender ahead of time.

The Role of Mortgage Brokers in Real Estate FinancingMortgage brokers act as intermediaries between you and lenders, streamlining the loan process while finding the best deals for your unique situation.

You can actually use more than just a DSCR loan here if you cannot validate the minimum credit tradeline overlay lenders have.

I might have a private lender referral that does rural loans in Mid-MO if you're interested. 

Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan! 

DSCR lenders can cash out up to 75% with little or no title seasoning requirements. 

If you haven't talked to a lender yet, that's really your first step.