We have the funds for renovation but not for the entire loan amount.

I normally end up going with a small bank that provides favorable terms for holding my cash.

The best advice I can give, is create a bulletproof contract for yourself via a good lawyer if possible.Sounds like a viable deal if done correctly, but far less headache if they can just qualify on a conventional loan.

However we also have a law that states that we must provide an accounting of the security deposit funds and refund (if applicable) within 30 days.Solution: Create the security deposit move out form.

How big a loan will you have to get?

I focus a huge amount of time on tenant screening and providing exceptional property management/customer service.

Hello all, I purchased a sfh in San Diego with a VA loan for 335,000.

That ordinance is unenforceable due to 2014 statelaw, so we are renting all Tampa houses at 1 night minimum for 6 years with no issue at all Andrew, can you provide some details on the 2014 state law. 

We did live in it for one year to satisfy the FHA loan and then moved out, so unfortunately it would have to be refinanced as an investment property with worse rates (8.1%) and higher LTV (25%).

With an FHA loan, you can buy up to a fourplex (if you live in one unit) and get up to 96.5% financed.