So, if this tenant is going to do stuff legit I would want them to do all this stuff through the city, permit it and then have a contractor that I select do the work, and have an agreement they pay for it and pay for it to be converted back when they move out. 

The virus has impacted a fund like AHP mostly in administrative delays with foreclosing on properties and getting them converted to REO properties for resale.

PROBLEM:Year 2014- The 2nd lien Note  was never paid and the lender did not take any actions to enforce their rights for many years.The Wells Fargo 1st lien eventually PAID OFF IN FULL (thereby sliding the non collected 2nd Mortgage lien into a PRIORITY lien Position)in 2014 the property was purchased and was transferred again.

You can do it temporarily, but eventually may get hit up by the city/county.

The countries that once embraced them eventually pulled back for the same reasons investors should be cautious today.

One other thing to keep in mind in converting a flip to a DSCR, most lenders will allow you to use the appraised value after you've owned the property for 6 months as opposed to your cost.

Any experience converting small 2/1 units into profitable travel-nurse rentals in secondary markets?

Now, you don't HAVE to depreciate them (afterall, you eventually have to pay it back) but you still get to use it. 

If I started with seller financing and built some equity after 2-3 years, then I imagine a second step could be using a hard money loan to do a BRRRR project, and eventually refinance into a DSCR loan if the numbers allow it.My Main QuestionGiven that I currently have:No job, very limited-to-no savings, some debt, no personal reserves, would this path make sense for someone in my situation?

Thanks Todd, I think my first move will be to get in a BRRRR multifamily to scale and eventually would love opportunity to buy newer builds.