Cleaning out the property - the designated next-of-kin and executor will be responsible for removing and dispersing the deceased tenant’s belongings before the lease period is over.Unfortunately, it does look like this can be a long process and patience will be needed as you will be dealing with an estate. 

@Nick BaxterIn the Reno, NV market there are other housing programs that the local government offers that might be a similar strategy. 

I think he did do a good job at his presentation and helped me to find my strategy in Real Estate Investing.

This has still benefited my clients when they sell, but it isn't the same strategy as looking for a property that will have big cash flow the second you leave. 

Yes, many are doing this strategy successfully!

This part, "get approved for a line of credit from several banks in order to invest in a rehab" is not a wise strategy at all.

Multiple exit strategies and COC return are top of the list!

@Stacy Stilwater - I will DM you, but I do this for a handful of clients nationwide and have a youtube channel (BP won't let me share the link, but you can find me under my name on YouTube) that is strictly about midterm rental property management, midterm rental cohosting, midterm rental pricing, midterm rental strategy, Airbnb v.

If your next projects require rehab, you could use a fix and flip loan initially and then refinance them into a long term loan (BRRRR strategy).

You’re in the right place to learn about different strategies, once you figure out which one you want to go with go all in.