But there may be one of those for every 300 huge complex ads that are replicated 50 times each and mixed in with the SFR ads. 

Sine we own our primary residence one of the banks we contacted suggested we use a home equity installment loan (HEIL) saying that it would allow us to make what amounts to a cash offer on the property and secure the loan with a similar term and interest rate to a conventional loan and the added benefits of no closing costs.  

At one point the mortgage company wanted to know why my name was not on the insurance policy for the homes (it was in the name of my LLC), and at that point I spoke with my insurance agent who added my name back to the policy along with the name of the LLC.Best of Luck.

I've done a Google search but have not found any agents who are familiar with investors.

For example I have a 3/2 SFR that has an unfinished basement, if I spent 15k to finish it and added a bedroom and a full bath to bring in another $250 a month in rent.

Lastly, by a lot of work, I mean it needs completely rewired with lots of outlets added to come up to code.

If you have a lot of bad debt the last thing you should be doing is adding more debt

The is the exact question my millionaire sister who works at google, told my wife when she asked how do you become rich. 

1) SFR on Edith Blvd in Northeast Valley (according to google maps). 

Although its not adding to my income, my personal housing expenses are less allowing me to save more for future opportunities, and as others have mentioned, as a newbie I cut my teeth on all the nuisances of rental property investing.