Work hard and fix it up yourself then rent it out and refi.

You'd likely be able to get a DSCR loan with no problem, but it doesnt look like it would make sense to do so.

I know people in their 70s and 80s who still work full-time.She doesn't need six months to find a place.

Using a HELOC is a smart way to unlock the equity in your current home and put it to work for your next investment.

Are there other ideas to make this deal work? 

I'm currently working through a plan for my second rental property.  

( https://www.imdb.com/title/tt1613092/ ) on Netflix with a professor, Daniel Gilbert, from Harvard University.He and I got connected here on another buy-and-hold project but shared this approach, and it's got me wondering - could this model work here the U.S., especially in places  where there's a push for sustainable and community-focused living?

I have no intention of showing properties before they are vacant at this time.

You rarely see people come into the triangle area cause the RTP(no pun intended) just isn't strong.

The wholetail is a smart play, but you should be cleaning the place thoroughly and doing no repairs and then presenting an honest proforma with rents and expenses estimated so investors have a PDF to look through.