Take photos or video and bonus points if your new tenant appears in the photos or video- Tenants Personal contact info (cell and email)- Tenants Emergency contact info - Proof that utilities were moved into tenant name.

It sounds like you don't want to spend the money on a cashout refinance without a deal lined up which makes sense as you will be paying interest on the money borrowed, whether or not you are fully utilizing the cash that you pulled out.

I live in the US, but I did make an investment Out of state utilizing a turnkey provider (see post below).

If you are paying the utilities for the tenants, that is one reason....~$800/mo for taxes is high...any chance that's an annual number input as a monthly number?

With ARV at 135,000 at a maximum loan of 70%, you can borrow up to 101,250 which means, in this scenario, you could get the 85% of acquisition and 100% of rehab, i.e. total loan amount of 83,750 with an initial release at close of escrow at 63,750 which is 85% of acquisition, and, the rehab holdback of 20,000.15% of the 75,000 acquisition down is 11,250 and closing costs are likely ~3,000 so you initially need ~15,000 to closeAfter close, a prudent hard money lender will require reimbursement style draws which means you must first complete at least phase one of improvement/rehab to the property before drawing down on the rehab hold of 20,000.With only ~5,000 left over after close, you don't have much room for soft costs like utilities, nor much room to get the rehab started, nor much room for the monthly debt.

I just like to hear other people experiences on how they got started and sustained their business. 

Utilizing realtor connections can be helpful.

I was able to utilize a VA loan with some first time home buyer program and NO money down so I ended up rolling around $100k profit into my next property after two years with literally ZERO dollars spent.

I was able to utilize a VA loan with some first time home buyer program and NO money down so I ended up rolling around $100k profit into my next property after two years with literally ZERO dollars spent.

Or even with a PM is it my responsibility to reach out to the utilities company and get that put in my own name?