Know the regulations of the area (for example are STRs allowed etc).

The reality is that mortgage rates aren’t dropping back to 3’s and 4’s again for a long time, if ever with all this government spending.

Ohio landlords can set their own rent amounts and raise them without any government interference.

Most private money or hard money lenders will not want to use a personal residence as collateral because of Dodd Frank regulations regarding how to handle loans for personal residences.

In NJ there are laws and regulations governing how a landlord must deal with property left behind by tenants.

Another option is bringing in outside investors, but this involves a lot more regulation and is typically for much larger properties.A HELOC could be a way to secure some needed cash, but you need to make sure the property you buy can produce enough income to make all payments, including the HELOC.

The tenants want to pay but sometimes money is short and there is nothing wrong with the PM directing tenants to government resources for just such occasions.

For example, Biggerpocket is extremely useful for the technicality aspect of real estate investing (eg, extremely useful information on how to manage/work with tenants; to understand tax rules and regulations and understand what needs to be done during certain situations) ; but it's less useful when we're asking for opinion for investment (which city to invest,etc).

Hi @Rahul MunotMy first thought here is there are much more attractive financing options for owner occupied investment properties versus unoccupied and from what I am hearing we may be losing some of these government sponsored owner occupied programs fairly soon. 

Lots more paperwork and regulations when doing a rehab loan but can be complete worth it if done properly and with the correct team in place.