I would think people have an easier time paying a few grand more for a house (getting a larger mortgage) than having to scrape together cash after they close to sod a yard.You are also asking to track in more dirt without having grass in the front.

Having a Line of Credit on an investment property is pretty challenging.  

She has no credit cards nor credit scores.  

Keep in mind, $50,000 is available and a possible extra $50,000 through a credit line.

You could track down the owner and see what's what.

Some of it is already invested, but I would like to get on track in real estate to start generating monthly income on the side in the range of $4000-$5000.

What would you say would be the target credit score to obtain conventional loans through mostly smaller banks?

Once we saw that it expired, we tracked down the owner and were able to strike a deal that benefited both sides.Rundown of the Deal: The property is currently a 3 bd/1 bth, 962 sq ft house a few blocks away from the University of Arizona.

New roof, which remediate the mold issue, $8,500.Countered seller with: fixing foundation issues, splitting roof cost, evicting hoarder.Seller in turn countered with $8,000 credit, to use as we see fit.Rents are below market and there's room to raise them even before rehabbing the units.Tear me apart.

Assuming you sell for $300k, of which $100k goes to pay off your debt, you could use the remaining $200k in equity for down payments of approx $25k each (25% down can get you better interest rates), giving you 8 cash flow properties which would be paid for by tenants by the time you really need the income (retirement) and provide moderate rental income in the meantime.You'd have to be able and willing to take on that much debt, of course, (so your debt-to-income ratio, annual income, credit score, etc will all impact this).