. $300+/month, as long as it was calculated out in the BP style, is a pretty darn good rental. 

We hated to replace some of the flooring that was almost new, but they had used two different faux wood patterns/styles that clashed, and it looked somewhat cheap and plastic.  

It sounds like you want to get started in more of the active investment styles (i.e. wholesaling or flipping).

You need style and POWER .

Even high end homes rarely have stainless steel, they either have panel faced, built in look, or are going to the white or black stainless style.  

Your investing strategy may then point to which lenders may be better suited for your style of investing. 

In doing so, you will gain far more exposure to varying management styles and deal types.

So I think it depends on your style and situation.

I usually see a maximum initial release of 90% of purchase with the remaining balance of the loan held, to be released on progress based reimbursement style draws (the hold back and releases are called 'funds control'). 

Purchase price: $420,000 Cash invested: $84,000 My 2nd commercial investment, I love the townhouse style of most of these apartments.