Consider a live in flip, we used to use terms like sweat equity to describe this tactic.Couple of lender ideas Get a co-signerTalk to local or regional banks, you will need "portfolio" lender.Get a bridge loan from hard money or private money until you quality for conventional financing.Financing will be tough. 

Do they have their own car and their own tools?

Fast forward to today and we are in the main house, and I was able to take a HELOC out and buy an investment property, and with my tenants in place we are paying below $2K/month to live in a 3 bed house with a nice backyard.Your team (Realtor and Lender) should be able to walk you through the process.

We had previously lived in the town of Lafayette, which was 2 hours away from New Orleans but we frequently visited that city.

I think people will live in Meridianville/Harvest/Albertville/Athens before they'd move to Decatur.   

Purchase price: $240,000 Currently practicing co-living with 4 tenants for the past 10+ years and looking to scale to more properties this year (at least 1 property per year) What made you interested in investing in this type of deal?

I am moving to Houston in the summer for a year and looking for a single family or multifamily house to live and rent out after I move out.

I live in the upstairs unit and rent out the bottom unit.

Living in the US now, planning to go back to Spain within the next 5 years and I am wondering if anyone has experience using the BRrr strategy there.

I plan on living on 25% of that and using the additional 75% to invest.