Essentially, I am finding "driving for dollars" leads.

While I do own one rental home in the Central Valley, the property is rented to a business my wife owns and manages, (essentially the home is rented to myself) so there are no tenant issues; and thus I have virtually no experience as a landlord.

If you provide good advice/value, hopefully they will click the vote button on your post, essentially scoring two Bigger Pockets credibility points with one post. 

So from Michael and Mark's replies, am I correct in saying that rehabbing is a required element for refinancing to benefit you at all?

I need that + inflation, essentially.  

next time you flip a foreclosure using your home line of credit, it is probably good to take a moment to contemplate the financial food chain to motivate you to make sure you're always on the right side of the transaction.i've used penfed which is a national bank that operates through the internet.and i've used the bank of albuquerqe which is essentially a broker for the bank of oklahama, which also operates nationally.  

You may find that, since the land is essentially free to you, you can actually make a decent return renting mobile homes in good condition to low income tenants.

I have many questions but I want to figure out what some key elements to a successful vacation rental are.I am also considering potentially moving there and buying a duplex vacation rental or something similar so that I can live in one part and rent out the other.  

I've spent the last two years clearing all non essential debt no car payment no student loans just rent food phone utilities.

A SWAG if you will.If I could not sell it, I would convert to conventional and live in the essentially new house ourselves.Okay fellow BP guys and gals.