@Ronald StarusnakUsing my dads line of credit

Only have read rich Dad poor Dad and “the book on rental property investing” by Brandon turner.

Without established credit, you will need a co-signer.

They have bad credit, but the husband has now worked an ok job for a solid amount of time.

However, the normal background and credit checks will almost always weed out undesirable applicants. 

And also what’s the minimum credit score you would need to qualify for the fha loan ?

Yes they transfer to the new owner as either a credit on the closing documents or a separate check.

The renter population remains strong as service jobs allow for easy employment, but poor upside for renters to become owners.  

However, independent of the painful schooling I've had being a long distance landlord (I refuse to hand it over to a prop man co), I've managed to turn the property around, literally doubled the rent from when i bought it, significantly improved the tenant base and have updated, renovated, and flushed out most of the poor workmanship the property has suffered over the years.

I just finished the chapter on using home equity loans or lines of credit.