Obviously, I don't know anything about your finances, so for all I know, you may have a few million in the bank, and this project is just a fun experiment that wouldn't even be a drop in the bucket if it all turns south...but, regardless, you'll want to model out what would happen if this project crashes and burns...As you may know, managing a rental in a D to F area (or even a C area) is usually not recommended (for many reasons), and funding a rehab with credit cards is also usually not recommended (again, for many reasons). ...even highly experienced investors often won't touch anything lower than C grade because of all the difficulties of managing and re-selling them...If you're dead set on rehabbing the place and keeping it, I'd strongly suggest studying up thoroughly on the local rental market and tenant pool (e.g.; rent medians and lower and upper bounds, typical days on market before securing a tenant, local vacancy rates, tenants' typical income, education level, employment opportunities, credit, and rental history).

@Andrew PostellI haven't found a credit union that offers the 5% down investor loan in Texas yet, so maybe that is why you are having difficulty finding one. 

You just need skin in the game.

Doing any type of development deal is not an easy thing to do as there are many different ways to skin a cat...

You should have no difficulty finding a 30 year fixed/ 30 year amortization for an investment property vesting in your personal name or LLC either using full documentation or DSCR. 

Consulting" was legal verbiage as we couldn't state a "deposit" for some reason.This was a while back when composed and for the purpose of investors having skin in the game before they get me burning rubber with pitching deals, answering questions, etc...Plus, if I don't like someone I don't have to sell and just refund the $5,000 "consulting" fee (Happens 9 times out of 10) 🤷‍♂️As you know, our operation is boutique as we prefer it that way and I "touch" all investors personallyAnd even prior to that step we have tweaked and tweaked our investor on-boarding process.How to pre-qualify leads via POF, auto-responders, VA's reaching out with email questionnaire's, FAQ's via our website and so forth.A rigorous process to ensure both the investor criteria and our model are clear for all...I mean it took years and years to develop, adapt, change, etc...But I guess that ain't clear enough either for some 🙈

He has skin in the game and will guard it with his life.  

The business of aggregating MLS, vacant, public records (mortgage, lien, BK) etc is very very difficult.  I

Looks like he disclosed his fees and skin in the game, but it was a lie...Did you see Kapoor's relationship with the Mayor?

Your investment may be impacted by regional laws, difficulties with property management, and market fluctuations.Considerations:Personal Preferences: Evaluate how comfortable you are maintaining a property locally as opposed to overcoming the difficulties associated with investing out of state.Financial Objectives: Clearly define your long- and short-term financial objectives.