My basic understanding is you need to know all income and expenses for a period of time, so effectively you can't apply it to analysis of potential investments (pre-purchase), unless you use assumptions and plugs?

Lenders may want the property to be fully performing for a period of 6 months to 1 year before refinancing. i would assume I could rent one unit a month for 4  months.

Thanks @John Woodrich did BP recently Update?  

My understanding is that with this "delayed financing," you can get the loan inside of the usual 6-month seasoning period that you'd see with a conventional refi.

With my other business something may work great for a short period of time and then not at all later on.

Thanks for updating us @Eli Altman .

Prior to losing my job, I acquired 2 homes and updated for rentals.

I have my eye on a couple of houses that just came up for sale just not sure to update & flip one or rent it.

Everything that comes through a broker is providing like 3% CoC returns and that simply doesn't work for me.Would love to connect and update each other on strategies of how its going.

You are correct- you can do delayed financing before the six month seasoning period, but it cannot exceed the purchase price and closing costs.