I would recommend obtaining a purchase/renovation loan, which would provide you with the funds to purchase the property and pay for the renovations.

Are there any banks/lenders which would provide some incentives on closing cost and give good interest rates?

Account Closed It depends on your definition of skip trace.

Older homes in neighborhoods like Heights and Montrose are full of charm, character, and history, but may need some renovations.When navigating the market, it's important to partner with a local real estate agent, take into account rental market demand and rates, search for value-add chances, and learn about landlord-tenant laws.

Regards,Abhi.Abhi, There's no way for an investor to have an opinion on that without doing alot of due diligence (and way beyond the basic info you provided). 

Anyone have any recommended providers in Texas that you've worked with that are good quality?

My philosophy is very simple: never sell a property unless you can (a) put the money into something that provides a better return or (b) it moves you closer to your goal.3.

I'd also suggest reaching out to a local agent in your target investment area - they'll have good referrals to provide you for your lending needs. 

You should seek a Lender who can provide a formal Certificate of Approval Letter upfront and help Prequalify DSCR properties in advance to simplify the process. 

Curious if anyone could provide rough cost to use when estimating for A/C replacement in Phoenix and Tucson Metros, ideally 3-ton, 4-ton, 5-ton replacement costs to account for varying home sizes.