We have had two back to back great long term tenants this way.We have had tenants approach us about some moving out and others moving in but one staying. 

You could also consider a cash-out refinance after purchasing to pull out equity for the rehab, or a hard money loan for quicker access, though with higher interest rates.If you're comfortable with it, you could also lower your down payment slightly to use some of those funds for the rehab.

subscribe to Property Radar  hands down best service for this type of activity. 

This community will be a huge support for you!

A CBA or IRR analysis will point to this strategy as well. 

Some people do this under the table but if they get caught, there are large fines. 

This forces the AI to dig for lawsuits, BBB complaints, red flags, and regulatory issues — not just their own marketing fluff.I used this approach recently and uncovered major issues on some people who looked legit at first glance.Bottom line:Do not skip deep research.Do not just go by podcast interviews, polished websites, or social media followings.So whether you are a GP, LP, Private Lender, Investor, Syndicator, Fund Manager - Use every tool available to protect your money.NOTE: THIS SHOULD NOT BE THE ONLY TOOL YOU USE, BUT IT CAN SAVE YOU TIME ON A PRELIMINARY / INITIAL REVIEW

This has always been the case.

This strategy is best when you have nothing.

This is what I was worried about.