Federal programs will require you to use GC/licensed folks for a lot of the work and they will get reimbursed by the institution that your loan is with; many GCs don't want to wait on the float time of requesting funds and getting them.Depending on the program and rehab/condition of the home, you may not be required to live in the home (think black mold remediation...bank isn't going to put you in a compromised position) however they may have min/max of when you need to move in.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

It’s uniquely positioned to partner with municipalities and other entities, helping them liquidate assets or solve challenges, which further accelerates its ability to make an impact.At its core, the organization will focus on:Creating Value: Through education, economic development, and cultural enrichment programs.Providing Access: Lowering barriers to entry for community members who lack resources or skills.Scaling Impact: Working with municipalities and businesses to amplify its reach and effectiveness.Why Am I Really Doing This?

I know that my COC my be lower, etc but my main concern since its my first property is being cash flow positive.  

We still find deals here that meet the 1% rule, positive cash flowing, and have tons of potential for appreciation.

On a positive note, I guess I could say I do appreciate that RTR exist and because I decided to use them I was able to use their resources/affiliates.

I’ve not used them (Stessa is working for me) but I’ve read positive things from others using those as a DIY book keeping solution.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

You need to be positive, and just get as many reps on the phone as possible.

Attending local meetups, analyzing deals regularly, and continuing education would position you for long-term growth.Good luck!