I was just discussing this with @Jason Bott today and he mentioned a product called REI Guard. 

I was reading an article ( https://www.biggerpockets.com/renewsblog/work-with... ) about delayed financing where it mentions "When you buy the house, you can put the rehab, your insurance, and any other hard costs like this on the HUD. 

Honestly I’m kind of just guessing at things like expected rent, interest rates and closing costs, not to mention rehab costs.

. :)Also, judging by the specific issues you mentioned, buying and then selling would probably be better than buy and hold just due to the water in the basement....that could be a nightmare down the road.

As an aside, I know you mentioned Streitwise, but given they only have 1 property now I'm not sure it's worth it.

RE sites I mention valuate the house at between $182K,, $187K and $187K.

As mentioned above, there is some economies of scale with the larger places.

@Chris Martin I was thinking Master Lease Options@Eric Adobo I just saw a few mentions/articles on it here on BP, haven't looked too deeply into the strategy yet.

As mentioned there are a lot of resources here on BP.

As others have mentioned, using the VA loan while you can may prove to be a great cost-effective route into real estate.