I'm sure everything else on that boat has long rusted or broken by now, but I'd bet serious money that bolt is still in great shape.

Nothing like being the guy who bought Trump's yacht when he went bankrupt, then sold it back to him when he made his money back....lol I bet if more people in the middle east followed his example there would be a lot more East and West commerce and a lot less East and West conflict....

I figure 4 trips to each property per month in my calculations.

Your best bet might be a Private Lender (Aka Family)

By default, lenders seem to want to add fees to the overall purchase price then calculate the down payment on that basis.

Even you know i bet you can find out the name of the company from my other post.

We calculate that into our holding costs and include it in the offer.

In this market you should not be buying SFRs as investment for over 65 cents on the dollar (assuming no rehab costs).By my calculation, you should not be paying more than $81,250.

I do not understand the thinking that you must calculate the investment assuming 100% finance.

Imho, start small (easily done in Iowa - bet you could find a house cheaper than a used car) and definitely go cashflow with this.