I have 2 properties that are currently rented by section 8 tenants, like Brian said, the key is keeping on top of things that may result in bigger problems in the future.

Then I put most of the profit down on my current residence and locked in at 2.75%.

What is “distressed” I have homes near me that would consider distressed but it’s elderly who live there and have lived there for 50 years 3.

We live in the Richmond Virginia area and we are seeking a lender that will approve sub standard  credit.  

Currently, looking at some properties that have renters in place already.

See screenshot attached for another property in the area currently up for sale.

I'm currently looking into the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) and need some advice on structuring a deal for a house that's in foreclosure.Here's a brief overview of my situation:Property Value: According to Zillow, the house is worth $649,500.Current Loan Amount: $470,000, which is the current market value without any repairs.Funding: I'm looking for a hard money lender to cover 100% of the purchase cost and rehab cost.Tenants: I already have tenants in place.I'm working on getting the exact numbers for the rehab costs, but I would appreciate any advice on how to structure this deal effectively.

Put in a decent quality three or four bulb light in larger rooms and two bulb in smaller office/bedrooms.Think about the math, if you have 10 rentals with ceiling fans in all the living rooms and bedrooms. 

I have no experience with a flip and was thinking of using my current situation to start the learning process. 

I will say most properties are currently not working as an investment property but with your value add being needed this is being offered as an investment purchase.