I have a robust team of mortgage lenders, title companies and RE attorneys.

They aren’t able to get a mortgage themselves so they would provide the money while the mortgage and deed would be in the others name.  

. 🤷🏼‍♂️ Credit scores can be misleading when screening tenants, as many lack the term loans (like mortgages) that drive high scores.

My parents had to stop paying the mortgage and I could feel the stress radiating through the home every time I visited.

However, the rental value this area is very low compared to the Home values and mortgage rate.

Mortgage rates and PMLs are 8-12% plus points right now so the deal has to be a low enough entry. 

You will likely need to find a property that will cover most of your mortgage payment, but not all of it.

Quote from @Louis Hamilton: The property is worth around 800,000 and has no mortgage on it.

I am bullish on the FHA 203k and home-style renovation loans that allow you to leverage the cost of your renovation as part of your mortgage, which is just an insane deal, in my opinion.Do you have a specific area where you want to purchase?

You are hopefully getting good cash flow, appreciation, mortgage paydown and tax benefits.