So caution.. if you use them... make sure you have a for real deal.. plus their fee's are of course since its 100% financing at the very top of what HML cost.. one thing I like to recommend those looking for 100% financing is just get a money partner give them the lions share for them putting up the money.. you don't risk money and you start to build your experience and credentials then after a few you can go to a regular HML like lending home that will do 80% or 90% with only a modest 190.00 fee up front.also since you made this post you will probably get private messages from the scammers that work BP telling you your all approved but then just wanted you to send them 500.00 bucks etc.. to show your serious or some other bull crap... also facebook and linkdin are loaded with those crooks.. they are nothing but totally scammers they don't lend they have no money they just try to hook you for the small up front fee then will go dark on you... think lottery scams and other Jamacian and Nigerian prince scams.

If the owner doesn’t play ball with you, and writing up an agreement will test that, then I only see the above Airbnb strategy to minimize your risk but move forward with your dream nonetheless.

There is zero health risk.

There are a couple risks that make me weary and would love to hear if anyone had some stances on the subject that could help me validate/eliminate my concerns.

There is a little headline risk with Caterpillar, but if I was looking to invest in inexpensive homes, I would at least look.

Where it is not a call for offers situation, you want to analyze and offer asap or risk loosing the property to someone who does.

Regarding software systems, I have picked up what makes my life easier and pay for that as well.I also found that a W-2 position/salary is more readily accepted by lenders AND satisfies my risk tolerance against starving while learning/starting (part of many commission-based sales jobs) AND is still a major source of my income.

All are higher risk and lower cash flow than investing in a multi unit.

There are less risks associated with the rehab and refinance and requires very little cash.

You seem to show the upside of the deal but not discuss the expenses and risks when a borrower goes into default.