The client(s) should consult with specialists as necessary, such as industrial hygienists, professional labs and/or abatement contractors for this type of evaluation. 2) Many areas and items at this property were obscured by furniture, stored items and/or debris. 3) The gas service for the range in the ADU was turned off.

Hi @Daniel Daskaloski      Most HMLs are going to want to be in first position and many are going to want you to have "skin in the game", meaning they won't want you attaching a 2nd lien at the time of closing.

But it your doing LTV loans with little skin in the game.. then your not going to be in bizz long if the borrowers are not vetted properly.So your correct when newbies think they can get 100% financing,, they may in some markets but not with a lender on the west coast that has any amount of sophistication they have to many experienced people to lend to without taking the risk on a newbie.Newbies need friends and family to launch there empires..

The reason for this: banks want to see that the qualified buyer has skin in the game.

I do not claim to be a flipper or a short term rental specialist since it takes thousands of hours of education to become an expert in one strategy, one asset class.

I'm a real estate investment specialist in the Oklahoma City and Tulsa markets and I work with a lot of investors like yourself to help connect them to investment properties.Would love to help get you hooked on your next project!

I'm a real estate investment specialist in the Oklahoma City and Tulsa markets and I work with a lot of investors like yourself to help connect them to investment properties.

It's unlikely that you need any of the professionals you listed if you're buying your first rental property and it's a typical single family or small multi.There's scenarios where you may need one, two, or all three of them, but buying a single (or handful) of rentals (especially if bought locally) generally won't require a tax lawyer or real estate lawyer ... and any CPA worth their salt understands how a Schedule E works.Is there a particular reason you know that you need specialists in these areas at this point?

I totally understand that sometimes running a business requires thick skin bc it does get expensive otherwise and we are in this business to make money but like I mentioned, renting to her would not break the bank@Greg M. if u care to read a book on how society oppresses some people, give “Maid” by Land, Stephanie a read.

You still have the $20,000 to put in to it, basically to show you got skin in the game.