I can't speak to the entire country, but you're in VA, and I've seen quite a bit of rent-to-own in VA Beach, so this may help: For the demographic you’re thinking about — younger buyers with decent income but affordability challenges — I've seen them participate in programs like shared equity or down-payment assistance more so than rent-to-own for a few reasons: Traditional rent-to-own operates in a different corner of the market than the one you’re focused on.In many areas, like VA Beach, rent-to-own tends to show up with older, more distressed homes that wouldn’t function well as traditional rentals.

.• Central Valley B-markets tend to reward clean, well-maintained properties.Working-class tenants in this region are generally stable, but they also expect responsive management and safe, functional homes.

Cash flow is a function of stability as much as gross rent. 

Start with the essentials, not the cosmetics.A rent-ready home needs working systems, not “wow” factors.Our checklist always starts with:• Plumbing function• Electrical safety• HVAC reliability• Roof conditionIf these aren’t right, nothing else matters.2.

Cheapest most functional way to remedy that ungrounded issue.  

Buy a slightly ugly but functional property.

Dwelling Coverage = Anything that is permanently installed and services the structureThis bucket includes items that are:Built-in, hard-wired, or plumbed directly into the propertyRequired for the property to function as a habitable dwellingNot intended to move with the ownerExamples carriers consistently classify as Dwelling:Furnace, HVAC condenser/air handlerHot water heaterDuctworkElectrical panelsPlumbing systemsHard-wired appliances (dishwasher is usually in this group)Built-in microwave/vent hood comboCabinets and countertopsAttached light fixtures and ceiling fansWater softener (plumbed in = treated as part of structure 95 percent of the time)These are structural systems.

Make sure they’re a true lender (not a broker), request a clear term information with no surprise fees, confirm they regularly work with first-time flippers, and ask how their draw process functions.

It does not to the listings and some other functionality you mentioned, but I don't know of other great software for banking paired with accounting and one and free-to-tenants rent collection.

For the majority of these older multis, 12% is the number I see most often, because it accounts for systems that are still functional but clearly nearing the end of their useful life.