Borrow the money from a relative and pay them interest.

Not saying this will always work, but here is a local example of something that did work for one of my clients: 10 years ago here in Gainesville FL, there were a lot of areas with unfavourable crime statistics that were also bordering neighbourhoods in and around the University of FL.

Now you need to figure out how to find deals and pay for them.

The roofs were updated in 2021.All units are currently occupied on month-to-month leases, with three tenants paying $1,425 per month and one tenant paying $1,300 for handling lawn care and maintenance.

I work for/with a very investor focused lender and they support many of our luxury STR and second home coastal purchases for my client's in Oregon & California and they just waived the appraisal for a $800K purchase!

Note: the $1423 amount includes owner paying for electric, gas & water.

We just closed a 6-unit for one of of clients in the tri-state area.  

So just had to fullfil my flying desires personally and pay to fly instead of getting paid to fly. 

In this discussion, we all agreed that for one property unit, the expected rate will be 10% and then it can decrease as the client adds more units or volume.

@Alex Rodgers, over the past two to three years, my clients and I have been implementing the investment strategy of rent-by-the-room in Atlanta, GA.