It really does depend on timing of being put in service, that bonus it qualifies for (if any) and the life cycle of the elements that can be advanced. 

Risks: rates go down and you have to pay a prepay of 2 or 3 %; you have to sell and pay the prepay; rents decline & you can't make the payment like any other type of loan; cost upfront a little more than conventional; need to find experienced broker licensed in the state where subject property sits; servicers are bulldogs. 

Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.

Most can do it for the cost of the initial service call, if not it usually would be a slightly more charge.  

Look for loans such as DSCR (Debt Service Coverage Ratio) loans. 4.

These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.

Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.

What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.

New Roof, New Windows, Paint interior/Exterior, New Appliances, New Garage Door, New Fascia, New Fixtures (Bathroom and Ceiling fans), Electric Service Upgrade, 1204 Sqft, built 1960.

My cousin is using one and likes it.Cell service is weak at our cabin PF so it would not work there.Might be good for a smaller house in an urban area with good cell service.