IIRC WA did pass in the last few years statewide clarifications that if occupants of a property could not produce documentation of rental agreement they could be treated as squatters and removed by the sheriff without the same eviction process as for an official tenancy.   

I've heard from people that they buy this product, wait until completion and then sell the property for a profit. 

There are local credit unions out there who are doing low and no money down conventional loan products with no pmi, you just need to shop around.  

@Dan Bass how much do your 8 properties produce in rent?

When I first came to San Antonio area I had two Investors seek me out,  because I was working hard and producing leads.

So far I have read David Greene's BRRRR book and his Long Distance Investing book.I am primarily interested in building a buy and hold portfolio that produces enough passive income to quit my job.

Robert, are these rented out and producing cashflow?

The numbers make sense as I've laid out below, we did really well on the properties themselves, but I need to find a lender that can look at the end product of this refinance instead of a low credit score up front ( I've tried about 10 different banks).

: While number of sales is definitely not the most important factor to consider when looking for an agent, it is usually a great indicator that the agent works well with others.When searching for top-producing agents, consider narrowing your search even further to those who run a team, like the “David Greene Team.”

You can 1031 the sale of any property that you purchased with the intent of holding for productive investment use.