Usually people with good credit, income, can get funding for light, cosmetic rehabs (kitchens, baths, paint, landscape).

not in Alabama, not in California. think about a down payment, closing costs, light repairs, rent ready costs, commission to the property management company, then you fix a dishwasher, then in year 2 the furnace goes. 

true cash flow is only going to come either (1) after many years of ownership, when the property is stable and rents have gone up; or (2) with a completely different, probably tougher strategy or niche.think about a down payment, closing costs, light repairs, rent ready costs, commission to the property management company, then you fix a dishwasher, then in year 2 the furnace goes.

I think it is my duty to warn other business owners and investors of the fraud, deception, and corruption happening under Ashesh B.

Avoid putting in cheap items and put in more durable - tile vs carpet, mini blinds vs faux wood, lights instead of ceiling fans.

Potential Middle Ground: Consider Renovating: Instead of selling, you could do a light renovation on the older property to increase its value and attract higher rent.

A warning however is that all HMLs are not created equal and if you find one that wants money upfront and promised to fund any deal, hang up and keep looking . . . you will see a number of newbies get scammed in this area.Good luck and feel free to reach out with any questions

Look up my history, look back to what I was WARNING early into covid, of no collapse, of no don't wait for some BS "reset" buy now or cry later.

I too usually tell people to start with more of a turnkey property or a light cosmetic rehab.

You can put less money down (allows you to put money towards more properties), live in the unit for a year, add some light renovations, and refinance.