Along with long term rentals and doing general contracting, we also exploring wholesaling.

The case law is undeveloped in many states, but worth exploring.

You'll get a pretty quick feel on who is actually doing deals and their reputation.

We buy and sell properties throughout the GNO area and work with a number of reputable and quality contractors.

Duplex or greater.Looking for reputable: 1.

Do you have a quote from a reputable contractor to add the bathroom?

You need to have a good reputation and it takes a while to get the ball rolling where people start referring you quaility leads.

Hey Keith, Sounds like a good opportunity with a few complexities, but worth exploring.  

@Bhanu Kuna, i think HML might work on your situation cause its going to be hard for you to get a Lender that will be willing to lend only on the Rehab.With a HML you will get up to 85-90% of the Purchase price and 90-100% of the Rehab all depending on your experience and Credit Score so all you need to bring into the deal will be your down payment and closing cost.Let me know if this is an option you will like to explore.

You can explore an institutional investor such as a family office or an individual who can bring the balance of the funds.Crowdfunding is another option, but that's basically syndicating.