I have considered doing some new construction rentals with a construction loan (you draw sort of like a line of credit), then refinancing into a permanent mortgage once the tenant is in place. 

Rent draws 1,400/month and I plan to rent both sides of the property out when I move.

If so, we may be able lend 90% cash back on the original purchase price($200,000 X .90 = $180,000 cash) and set up a rehab draw up to 90% of rehab cost.  

Someone tried to sell it with a drawing of a 500 sf first floor and 800 sf second floor, and yes, one room is hanging over the exterior wall. haha.

Draw on Gene Autry.2.

When we are in between deals we start paying it back and then when you find your next deal, you can draw it down again. 

Having your account number & routing number doesn't allow someone to just draw money from your account.

I currently wholesale properties and have been to the drawing board several times on how I could automate our business so that it can run with little to no supervision but it always comes down to hiring people who could eventually and easily leave to do the business themselves or on the side with our leads.

Most HML will offer 80% of original purchase price as cash back at closing but they will also want to set up a rehab draw based on 80% of rehab cost, also.

Agree that the judge may not understand why all of a sudden you are drawing a hard line on a long term tenant when there is a history of late pays.