The ideal property would meet the above criteria, AND would have a large yard, or ideally, a detached garage that was a suitable candidate for an ADU construction project (CO now allows ADU construction on most properties), and/or a primary structure that had lots of value-add potential. 

Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.

Lenders that don’t require an appraisal will perform a desktop appraisal but will typically have a very conservative view on the value of the property to protect the company’s investment.

Find a deal that meets that criteria and talk to local hard money lenders. 

I'm looking at buying turnkey (through a well known provider on BP), and would like an independent property inspector.

Can your property actually afford a 90% LTV loan at 8+%? 

So, valuation of property is split between land and structure. 

First, all properties that appreciate the appreciation is based on the property value, not the equity. 

Sounds like a pretty cool property, good luck!

FInd local meetups to meet other investors, that's where it all comes together.