Then change out all of the mechanicals, plumbing, electrical,....

Leasor pays for all furnishings including appliances( not mechanical items such as furnace, AC, or water heater.Set the requirements of your lease terms high enough to give you the net ROI you want as a passive investor.

Some contractors it's not unusual to get some kind of deposit (HVAC, for example), but in most places mechanic's liens aren't that much trouble so contractors have built-in protection.

Construction materials still tended to be good quality (wood flooring, floor joists, etc) and mechanical systems started to be updated.

I am in an interesting spot where I don’t qualify for traditional loans and am asking for advise on what my options are for my future.Here is a brief summary of where I am at:I have a degree in Mechanical Engineering and specialize in working and operating shipping vessels where I worked for a couple years.

For example, framing new rooms is always done before plumbing, mechanical and electrical work if and when each applies to the room(s) you are creating.

I have very good credit, no auto loan and no serious credit debt (under $1K) which is very recent, so I am now saving but I do not want to be stagnant.I know there are way more experienced investors than me out there so I am just trying to gain guidance on my options. 

(There are no mechanics liens, etc.)2.

I just started as an agent a few months ago, and quit my mechanical engineering job to go full time.

I found a mechanic based off a yelp review that said "I took my car in for X and they told me I didn't need X, I needed Y.