ThanksI agree with this statement as it relates to vanilla real estate investing IE buying rentals or fix and flipping wholesaling etc those are all basic concepts that are not terribly hard to figure out..

We offer it only if it is on an autopay with our online rental software, otherwise it would be to much work

Now both sides are long term rentals for me.

You need thousands of dollars in reserves, per property, to make it with rentals.

In a cash scenario, they’re only looking at the finished project and the rent its generating.All that being said, if I were you, I would start sooner and just do a straight up rental property with a loan.

This is going to be a long-term rental and although I won't be living in it, I want my tenants to be safe and feel comfortable if I ever need to sell it so will be doing through extra diligence.

I would rent it out and then do a cashout refinance based on the new rental income, DSCR loan.

I currently have 2 long term rentals, looking to add more cashflows.

In small college town with high rental demandAsk price 745kGross rent: 9750/mth 177k/yr     (differed maint properties with potential 200/mth per unit increase once renovated) estimated reno (190k across portfolio)NOI: 91,475/yr   (12.6 CAP)    (includes tax, ins, listed maint for past yr)     After reno NOI 127,475/yr   (14.6 CAP) Deal info:    - Owner finance 745k 20yr at 6% 20k down minus deposits (~13k)Cashflow  = 2100mth     (self-managed) (self maint similar to the previous owner)By this alone, 2100 cash flow added per month, it will put me at my financial freedom number of monthly cashflow is equal or greater than my families spending amount.

Any suggestions on which method is a better way to furnish a rental property?