Now what i cannot speak for is Turns.. when it comes to turnkey, however I am note sure you can account for that with a BRRRR either. 

Also from what I gathered you need to have the funds in your account for 60 days unless it's coming from a HELOC (which won't help me as has a max out of 80 to 85% of equity).

Either  1) you will get no loan whatsoever, or 2) It is some BS combination of "trade accounts" credit.....Office Depot, Home Depot, and other misc useless businesses......Not a cash line of credit.Once you qualify for any kind of business line of credit, there will be No upfront fee, and more importantly it will be because you have established an Actual ongoing business that shows a profit, and consistent revenues over a few years.Time to turn on your BS detector.

I can refer you to my investing group's financial experts (accounting firm / law practice), if you like.Where the issue may be getting confused is that the interest on financing is an operating expense for income property, but the principal portion is booked under debt service, as I understand it.

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They typically want 2 years worth of tax returns (done by a CPA makes life easier), and will want bank statements for all accounts.

@Andrew Newlon:  For me or others to better answer your question, we would need to know what current marketing you have in place, online and offline.  

How serious are you about online marketing? 

Do you think vacation rental company is obligated to maintain the trust account for guest's deposit and prepaid rents?

I am looking to rent a place, it seems nice except three thingsthey are ranch style apartments. they have a gate in front of the main entrance, and you're responsible for the door if anything happens to it. for some reason they won't fix it. it actually looks like this but a wooden door in front of the main doorif i take the door down, how concerned should I be about people stealing stuff. if i had a lawn mower or something, they would have to come in the opening and take stuffi saw a report online about some guy that was looking in someones windows at the complex across the street. i dont know how long ago it was. i was looking online again but coudlnt find it. the one im staying at seems fine, how concerned should I be able the ones across from me?