No because none of them are worth the cost even if they are "inexpensive" in my opinion.

And the forms are quite inexpensive.

Just because you can get creative doesn't mean that a more traditional arrangement might not be best.If you have heavy rehab cost and it will take "x" months to get it ready and get a tenant in, i would probable do interest only for "x' months, then go with a 20-25 year term, obviously no prepayment penalty.This is a relatively inexpensive house, don't drag out paying it off forever.

Account ClosedRadon is easy and cheap to detect and relatively inexpensive to remediate.You do NOT want to remove the radon remediation system.

Overhead kills companies, and if you don't have much capital to start then you will need to focus on inexpensive ways to find deals.REO's are one of those inexpensive ways.

Your not gong to live there no need to put in expensive items....Before your offer I would get the secondary financing in place - or your going to own a home and can't rehab it then taxes will be due and your problems are only starting.

Michael,While the property might be inexpensive to purchase, it also is in an area that has low rents.

Some policies are very inexpensive, but simply do not pay out. 

I don't think I know anyone who went from complete RE newbie to commercial RE investor without anything in between.If you have 30k to spend on "coaching", you should really consider getting preapproved for a 25% down conventional loan and buying a house in an inexpensive area of central California and renting it out.

The rent you collect on the second unit will blow away the trickle of return you'd earn on an out-of-state rental.Out-of-state rentals are alluring because they're inexpensive and cashflow positive, but it takes scale for that return to be meaningful.