@Devanand Ramachandran It sounds like you should hire a local property management company that specializes in the area and property type.  

Purchase price: $80,000 Cash invested: $16,000 3 bed 1.5 bath, Section-8 Rental Property What made you interested in investing in this type of deal?

Wouldnt this be more difficult to do if your not actually on the ground in that area, especially for someone new in this type of investing?

The age of the property and type of construction make a difference in lending options.

I have multiple sales closing next month, but have a situation where Im cash strapped and personally need $5k for less than $30 days.Does anyone do these type of loans not based on credit and fund fast?

I think all types of real estate investors are interested in path of progress.

I study this fundamental question here and come to a conclusion based on a simple distinction between two types of contracts: contracts to produce new goods or to provide services;1 and contracts to convey existing goods or other property.

After reading that others have had similar problems with this type of problem.

Better be on the top of your screening game with studios/motel type units.

Chucaralao  the only pre-screening I ask is number of people, number and type of animals, number of vehicles, and do you smoke?