Based on what you described, I cannot see a way for you to get a line of credit for your brand new business since there is no revenue.

From what I know, they will Flag this and won’t approve your mortgage if you’re not a strong buyer .

What brand did you use in your rental property and how much did you spend? 

Ecosmart seems to be a good budget brand, but it's more like $450. 

It is a good area to do BRRRs as there is a strong rental market and lots of old houses that are good value add opportunities.

The growth is supported by some very strong fundamentals. 

We get short but strong rains.

I tried to look at the site for my county, and they only had a hand-ful of properties listed, even though there were a couple hundred being auctioned off.I saw lots of "lists" with Auction.com branding, but scoured their site and couldn't find them...

We are looking for strong relationships moving forward in various markets that can allow for mutual success as we continue to expand our portfolio. 

you can have them sign a brand new lease agreement, but if you are only changing the rent or simply extending your original, it is unnecessary. all you truly need from a contract point of view is an addendum to original lease, which references the original.