In both situations we the buyer can ask for owner financing, and I do ask each time I make an offer. 

Focus on high rental demand areas and use tools like BiggerPockets Rental Property Calculator.Good luck!

I have been exploring turnkey properties offered by MidSouthHomeBuyers in Memphis.

LTRs typically offer more stability and consistent income, while STRs can yield higher returns but require more management.

This is in the middle of Central Maine in a high demand location.

For example I highly suspect he purchases for a value that will shock you.

First, never send a lender money unless it's to be paid for appraisal or admin charges and if you looking for a good lender I could refer you to our hedge fund which offers you a hard money loan with no experience and only must be a homeowner.

Hi Julie,A lot of lenders don't like to do HELOCs on investment properties but I would click on the lenders list that BP offers and see if you can find one there that may do this.

However, I know this will be very difficult to pull off and is a high risk, especially since I'm already using a lot of time for my full time job and building up my insurance agency on the side after work.

Things such as a space to cook are high on that list (toilets are a big one, too).