There are hard money lenders who will fund trustee sales (at least in AZ there are) for up to 85% LTC (loan to cost), and some of them will even finance 100% of rehab. 

We don't sell you the home as they do, rather build it out at cost +fee for you, allowing investors to enjoy the upside in price.

Lots of low cost options to get in dependent upon credit, etc.

Total cost to me = Free estimate. 

That's $18,000 a month income and their costs are probably 1/3 that.

Does anyone know if this applies if the applicant is volunteering a two-month deposit in lieu of a high credit score?

@Jasmine HuNot sure I would go to Memphis and don’t know the VA markets.I’m in Greenville SC and love that market - midway between Charlotte and Atlanta.Booming population, income, and job growth - not as competitive as the NC and Florida locations.As you note insurance costs are in issue in FL and probably in Wilmington too.To add some additional context, one can invest successfully in most markets.For me, knowing your market is as important if not more important than selecting a market.

We had someone get a ticket and pulled the carts for the rentals, probably cost us between 5-10% of total revenue but it was more important for us to keep our carts than not have them for an extended period.$2 mm house or not you will have headaches with carts regardless and in our experience it's just not worth the hassle.my recommendation is work a deal with a local place you can refer them to and get a small referral fee from.

Including utilities in the monthly rent is more likely to cost you and create problems.

For example, Crestview Commons is offering 150% and 1 and half month free rent.